head and shoulders pattern on overbought market

18 mar 2019

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!

18 mar 2019

Ordine annullato

Market goes higher