Inverse H&S Pattern is building on OIL

30 Ağu 2016

Oil is going to present a beautiful opportunity for a long trade once we break the Inverse H&S neckline.

31 Ağu 2016

Not

Another situation that could arise is a nasty reversal right at the neckline. With the USD becoming more bullish, another great trade on this pattern would be bearish Price Action at the neckline leading to a short trade down to the right shoulder.