WTI showing a clear Head and Shoulders pattern in Weekly time frame. Currently trading at around $68. Short trade favored on a drop below $60 with a stop of $65. Targets $32 which is the zone of yearly virgin pivot. Next target which is based on Head and Shoulders pattern is $7 to $10. Since this is a weekly time frame, might take a year plus for the targets to reach. So actual trades to be taken in lower time frame managing pull backs.
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