crude oil- head and shoulder
on weekly chart crude has formed a head and shoulder pattern .
breakdown of which has been occurred on charts.
lets analyse all time frame one by one
weekly
daily
in daily chart its going down in a channel . today it broke imp support/ neckline of h&s pattern at 44.
strategy -
sell crude on bounce with sl of 46.5 for 33
breakdown of which has been occurred on charts.
lets analyse all time frame one by one
weekly
daily
in daily chart its going down in a channel . today it broke imp support/ neckline of h&s pattern at 44.
strategy -
sell crude on bounce with sl of 46.5 for 33
Note
wow made high exact at 44.10 and fell
KA
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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.
KA
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.