USOIL Massive Head & Shoulders... Reaching a tipping point
USOIL could be reaching a tipping point here with this extremely large Head & Shoulders pattern tracing back the last few years...
If we were to break below this long-term support, we could see a 30 - 40% decline in crude oil prices.
Keep a close eye here.
If we were to break below this long-term support, we could see a 30 - 40% decline in crude oil prices.
Keep a close eye here.
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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.