Inizia
The_Cannalyst

Is Oil forming an Inverse H&S?

Long
Futures Petrolio Greggio Leggero (NYMEX:CL1!)  
The_Cannalyst Aggiornato   
NYMEX:CL1!   Futures Petrolio Greggio Leggero
Head and Shoulders
36
27
headandshoulders

Inverse H&S?Oil should not fall below the "possible" right shoulder...watch the neckline
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aha...
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TPS:
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will this narrow flag Trigger the H&S?
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here we go!
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the H&S is not triggered yet...this one is the "real" neckline for the triggerevent
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kissed the neckline
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here is the exspected retest of the bo-niveau..
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opil should not fall below 46/45,8
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oil is again kissing the neckline....Attention pls!
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ok..
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Attention pls: 45,75 is the Level to watch = make or break! we should not break through this Level or it could be that 45$ could be aimed again.
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now or never..run forest..run :-)
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yiahh
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will this flag beat the resistance? Ready for a Breakout ? ^^
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triggered flag
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false breakout? the rsi made a selling signal in this tf
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it WAS a false breakout! now the rsi is in friendly terrain
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alternative:
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nice conter -earlier than exspected
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rsi is overbought now
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Here is theBreakOut!!!
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RSI is massively overbought..attention! a retest should be planned now
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daily:
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Trade chiuso: obiettivo raggiunto:
DingDong..again reached my our target..cheers!
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RSI!
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rsi made a selling signal
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the 38 stopped the down momentum at present...the rsi is still not friendly and could dive a bit more...a test of the bo niveau should be planned
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cl1! should not trade below 48,36
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