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Brent Crude Oil
Short

H&S on brent crude oil, good opportunity to enter short

By FX_CouchPotato
Updated
BCOUSD

Hello traders, today is a good time to enter short on Brent Crude. H&S has been forming for the last couple of days. Today price spiked up but didn't manage to go above the neck like and retraced sharply, validating H&S pattern. I am expecting a swift move towards trend support line. Placing s\l above the right shoulder.

Trade active
Entering short
Trade closed: target reached
Chart PatternsTrend Analysis
FX_CouchPotato

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