OIL USO CL - Head & Shoulders Pattern
A head and shoulders pattern has formed on the hourly charts for light crude futures. This marks the potential for a bullish reversal and a sustained break below the neckline could see price drop as low as $49-$49.50.
To learn more about my trading strategies check out tradingwithkrugman.com
To learn more about my trading strategies check out tradingwithkrugman.com
Dad of 5 • Dev • Candlestick Whisperer • Crypto class of 2019
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.