hey guys,
from my previous analysis of wti we see that the market has recently touched a very significant potential reversal zone.
taking into account overbought rsi we can look for selling opportunities.
this head and shoulders pattern is a perfect way to catch a pullback with your targets based on structure.
just wait for a bearish violation of a neckline and sell the market.
I will give further updates!
good luck!
Order cancelled
Market goes higher
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
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.