Hey traders,
As I predicted, WTI Crude Oil has perfectly respected a major falling trend line and dropped from that.
We already caught 2 very nice winners shorting that.
To catch a bearish continuation, watch 79.15 - 80.90 horizontal neckline of a head and shoulders pattern.
We should wait for 4H candle close below that to confirm the breakout.
Then shorting on a retest, we will expect a bearish continuation to 76.5.
If the price respect a yellow zone and breaks a trend line, the setup will be invalid.
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