That massive Head & Shoulders was forming for 4 years, and is very mature. Neckline Break would confirm a pattern and send us to $10 at the very least.
Trade active
Pattern confirmed. Cheap oil for everyone!
Trade closed: target reached
Target reached. I suggest anyone still holding their shorts to close them, because vertical is not sustainable, bounce will be significant.
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.
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.