Hey friends, I think there is a nice pattern forming in WTI which is Bearish Head and Shoulders, we can enter the trade as soon as the neckline is broken. The timespan of the left shoulder and head are the same 22 bars, which we can expect pattern completes at the 22nd bar for the right shoulder.
We need to consider OPEC production cut can influence market Vice Versa, but we are having a nice pattern.
what do you think? leave a comment, please