Crude Oil ~ Snapshot TA / H&S Breakdown
OIL_CRUDE capitulating under pressure from Macro-Economic headwinds.Bearish H&S development. Waiting for price action to either break/close below (higher timeframes), or break & re-test Neckline Support to trigger pattern confirmation.
Extrapolation = Golden Fib target zone.
Notes:
- Neckline + 50WEMA/100WEMA crossover confluence
- 38.2% Fib + 50DEMA confluence
- Demand Zone (white box) + 200DMA, 100DEMA, 20WEMA confluences
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USOIL UKOIL CL1! CL2! 
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