Quick Update – Crude Oil “Inverse Head & Shoulder Pattern”

Crude has made Inverse Head & Shoulder Pattern on the hourly chart & Breakout has been done ๐Ÿ™‚

Head is at $ 43.66

Neckline is at $ 46.45

So as per this pattern Target comes to $ 49.24

The chart is attached for your reference.

Crude Hourly Chart

 

Disclaimer

I’m not a SEBI Registered Investment Advisor. Above Views are only for Educational Purpose. Equity, Commodity & Currency Trading has large potential rewards, but also Large Potential Risk. You must be aware of the risk and willing to accept them in order to invest in the markets. Don’t trade with the money you can’t afford to lose. This page is neither a solicitation nor an offer to acquire/sell any script. Please consult your financial advisor to take appropriate investments as per your risk profile. The past performance of any investments is not an indication for future returns.


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