CRUDE OIL (WTI): Time For Pullback fürTVC:USOIL von VasilyTrader — TradingView

Head and Shoulders Candlestick Analysis Multiple Time Frame Analysis Crude Oil Oil brentoil futures oilsignals wtisignals Contains image

headandshoulders candlestick mtfa crudeoil oil brentoil futures oilsignals wtisignals containsimage

snapshot

As I predicted yesterday, WTI Crude Oil bounced and reached a key daily resistance.

After the test of the underlined blue structure, the market started to consolidate
and formed a head and shoulders pattern on an hourly time frame.

Bearish breakout of its neckline is a strong bearish signal.
It indicates that the market may retrace from the resistance.

Goals: 80.0 / 79.6

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