Light Crude Oil Futures

Long

Crude Inverse H&S.

By Trade-Wealth

Updated

Crude is on the verge of breaking the trend line resistance, if break out happen we shall go for target levels mentioned in chart.

Note

Fail to cross the resistance

Note

Another pattern view on Crude. However it is immaterial without breakout.

snapshot

Trade active

Big break out

Trade active

Note

H&S was invalid in this case. Watch below chart, it has made cup and handle. Another break out required. If we get break out it shall make big up moves.

snapshot

Note

It may do again. Looking for strength

Note

Finally it moves will wait for closing

Trade closed: target reached

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