CRUDE OIL (WTI): Time For Pullback
https://www.tradingview.com/x/caLC4mAP/
As I predicted yesterday, WTI Crude Oil bounced and reached a key daily resistance.
After the test of the underlined blue structure, the market started to consolidate
and formed a head and shoulders pattern on an hourly time frame.
Bearish breakout of its neckline is a strong bearish signal.
It indicates that the market may retrace from the resistance.
Goals: 80.0 / 79.6
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As I predicted yesterday, WTI Crude Oil bounced and reached a key daily resistance.
After the test of the underlined blue structure, the market started to consolidate
and formed a head and shoulders pattern on an hourly time frame.
Bearish breakout of its neckline is a strong bearish signal.
It indicates that the market may retrace from the resistance.
Goals: 80.0 / 79.6
❤️Please, support my work with like, thank you!❤️
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Related publications
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.
✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
Related publications
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.