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

CrudeOil - Stretching in a final wave up before collapse to 26$

Crudeoil- Bang on move -Slippery Oil bounces at 47$- Essam Remark

Note

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

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Abhishek H. Singh
Growth Director - TradingView India

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WaveTalks

Best Regards,
Abhishek H. Singh
Growth Director - TradingView India

YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw

Twitter Handle
twitter.com/TalksWave

Telegram Handle
(Deleted)

Also on: