natz1919
Short

West Texas Intermediate (WTI) possible short setup

FX:USOIL   Crude Oil (WTI)
WTI/USOil formed a large head and shoulders pattern. After the recent oil             recovery which is actually a pullback, price action reversal patterns are forming at the neckline of the head and shoulders pattern which is also a supply zone followed by an impulsive downward movement of the price.

The recent recovery in price acts as a pullback of the head and shoulders pattern which can lead to a bigger sell off..
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