AB/CD! CRUDEOIL
The previously posted formation of reversed H&S has not been very great looking to me. The whole structure looks too long, therefore, I decided to withdraw it.
This AB=CD harmonic pattern we are forming (or already formed) could potentially take us back to below 73 levels. I am waiting for the retest of 707. at 82.05 where I will start shorting. Pay attention to the trend channel marked.
Entries = 82.05
T1 = 72.4
T2 = 70.10
SL = 83.0
This AB=CD harmonic pattern we are forming (or already formed) could potentially take us back to below 73 levels. I am waiting for the retest of 707. at 82.05 where I will start shorting. Pay attention to the trend channel marked.
Entries = 82.05
T1 = 72.4
T2 = 70.10
SL = 83.0
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