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Crude Oil (WTI): Preparing For Reversal ๐Ÿ›ข๏ธ

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CFDs on WTI Crude Oil (TVC:USOIL)  
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TVC:USOIL   CFDs on WTI Crude Oil
Multiple Time Frame Analysis Support and Resistance Head and Shoulders futures Oil Crude Oil brent priceaction Crude Oil WTI Crude Oil Brent Contains image
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mtfa supportandresistance headandshoulders futures oil crudeoil brent priceaction usoil ukoil containsimage
snapshot

WTI Crude Oil closed, testing a major horizontal daily support.
The price formed an inverted H&S pattern on that on an hourly time frame.

Your bullish confirmation next week will be a bullish breakout of 83.37 level - its horizontal neckline. Hourly candle close above will confirm the violation.

A bullish continuation will be expected to 84.51 / 85.41 levels then.

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