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JoelWarby

Oil Head & Shoulders Pattern

Short
CFDs on Crude Oil (WTI) (FX:USOIL)  
JoelWarby Updated   
FX:USOIL   CFDs on Crude Oil (WTI)
Fibonacci Candlestick Analysis Head and Shoulders Oil uscrude Fibonacci Retracement head_and_shoulder priceaction
7
10
fibonacci candlestick headandshoulders oil uscrude fibonacciretracement head_and_shoulder priceaction
Theres a high probability H&S pattern occurring on US Crude Oil charts.

With a news catalyst (EIA Oil Stocks) + Fibonacci (78.6%) level + a psychological number ($95.00) at this price level there are many catalysts to why this is a high probability setup.

Trade closed manually:
HALF profit secured @ 100 pips

Remaining position running with stop loss at breakeven and TP at 89.300
Trade closed manually:
Another partial profit secured at 220 pips profit.
Trade closed manually:
Full position closed at 350 pips profit.

Today was a good day 😎
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