head and shoulders pattern on overbought market
Updated
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!
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Market goes higher
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