head and shoulders pattern on overbought market

hey guys,

from my previous analysis of wti we see that the market has recently touched a very significant potential reversal zone.

taking into account overbought rsi we can look for selling opportunities.

this head and shoulders pattern is a perfect way to catch a pullback with your targets based on structure.

just wait for a bearish violation of a neckline and sell the market.

I will give further updates!

good luck!

Anulowano zlecenie:

Market goes higher