Giant H&S in energyClassical chart patterns are not my strongest skill. However, seeing this H&S make me say mentally 'uh-oh'. My experience with H&S is that once the structure is completed price action gets brutal.
A similar thing is observed in OXY. CVX does not display H&S but demonstrates a lot of bearish bars (pins, engulfing) on M and 2M timeframe. XOM is challenging 200MA on M chart for the first time ever.
This post is not a trade rather than a piece of context for future short trades in energy.