Short
Short idea $Oil $WTI
My reasons:
Classic Reversal Pattern, Head and Shoulder at H4.
Huge Bearish Engulfing on H4.
Confirm better by break below neckline, climb and reject below neckline.
Average Entry Price: > 90
SL: 92.00
TP1 : as in the pic (Measure the distance from Head to Neckline)
TP2 : ''
TP3 : ''
Classic Reversal Pattern, Head and Shoulder at H4.
Huge Bearish Engulfing on H4.
Confirm better by break below neckline, climb and reject below neckline.
Average Entry Price: > 90
SL: 92.00
TP1 : as in the pic (Measure the distance from Head to Neckline)
TP2 : ''
TP3 : ''
Trade closed: stop reached
Uptrend continues for Oil.
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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.