usoil 4hr AD showing head and shoulders pattern. I'm currently short scalping on the futures. bearish if there is a break of the 50% fib or neckline i'm SHORT tempt to a test of the trend line
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$47.50 is key tonight needs to hold weekly view Daily View
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updated 4hr head and shoulders
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dynamics have changed a little. going off the bullish 5min chart, price needs to break out of the top level resistance. I close short positions in earlier trading sessions
@tbuckle, has to hold trend line on the triangle chart, break below $46.65 bearishness will continue and likely test $45.50 range. I'm currently short based on the 4hr chart, don't want to see it break the neckline or the 50% fib level