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Mayank-Pandey
Mar 29, 2022 12:09 PM

Crude Oil - Head and Shoulder play Short

Crude Oil FuturesMCX

Description

This is a conventional chart pattern - Head and Shoulder on the bearish side. This set up is most likely rewarding when completes. Here in the example I have taken Crude Oil (MCX) as an example.
Profits are generally the height of the head from the neck line.
Comments
Mayank-Pandey
A similar pattern is emerging in Natural Gas as well.
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