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West Texas Oil
Short

Following up with USOIL dated 30-Apr (Sell on Head & Shoulder)

75
The neckline of the Head & Shoulder has been broken = uptrend has come to an end.

Traders who Shorted the Oil can continue to hold your Sell position, while others can watch for Sell signal to rejoin this downswing movement.
M-royce
Chart PatternsTrend Analysis

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Chart PatternsTrend Analysis
M-royce

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.