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Brent Crude Oil
Short
Updated

H&S on brent crude oil, good opportunity to enter short

134
BCOUSD

Hello traders, today is a good time to enter short on Brent Crude. H&S has been forming for the last couple of days. Today price spiked up but didn't manage to go above the neck like and retraced sharply, validating H&S pattern. I am expecting a swift move towards trend support line. Placing s\l above the right shoulder.

Trade active
Entering short
Trade closed: target reached
FX_CouchPotato
Chart PatternsTrend Analysis

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Chart PatternsTrend Analysis
FX_CouchPotato

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.