CrudeOil- 400+MCX Rally to end with H&S@43.77

There is a head & shoulder pattern with head at 53.77 -neckline at 52.70$- Going below 52.70 - Can CrudeOil put a top to the upside rally with 53.77$ intact which started from 47$ in the update -Stretching in a final wave

Any upside move we shall look only above 53.40$ which is the right shoulder high.

Previous Update

Stretching in a final wave upside
in.tradingview.com/c...fore-collapse-to-26/

Crudeoil- Bang on move -Slippery Oil bounces at 47$- Essam Remark
in.tradingview.com/c...-at-47-Essam-Remark/

Comment:

16th April2017

There was some typing error figures were 50$ instead of 40$ mentioned above only 47$ where rally started

Trade active:

08:21 Hrs 17th April2017

Good Morning!

Last Price@52.72

Sorry for Typing Mistake - Heading of this post also carries 40$ (43.77 -to be precise) - instead of correct- 53.77$ at the head top.

Trade closed manually:

06:57 Hrs 20th April2017

Closing the post.

Last Price@50.75

Crude cracks down from 52.70 to 50.70