WTI Crude – Head And Shoulder

WTI Crude – Head And Shoulder

Head and Shoulder pattern was being formed.

Crude Oil is on our radar today..!!

As the economic events from the world’s top oil buyer are likely to signal future demand

Some brainstorming with technical analysis gives us a clear sight of a Head and Shoulder pattern being formed nearby.

The future of the WTI oil (May delivery) looks set to create a pattern of head and shoulders possible trend setback.

One of the advantages of head and shoulder patterns

offers a possible, cost-effective estimate

based on the size of the walk from the shoulder to the neck and more aggressive with the size of the movement from head to neck.

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