WTI Oil Spot forum
a giant HeadShoulder Pattern.
Next Target should be the Gap down.

massive profit so far. go bears. Wave 5 of a bigger Chanel is active.

What are your thoughts?
Case 1: What if India and China stops buying Russian oil? This is the only case where global demad would go above the supply. And this could drive oil above 70s.
Case 2: India and Russia keep on buying Russian oil and with US sanctions the demand would come down eventually.
Case 3: is Russia standing down from the war, which could take this down below 60s.
I am just testing some strategy, so please don't copy my trade.
Buy - 64.025
TG- 66
SL - 63.9
good buying opportunity for false breakdown scenario to trap sellers with good R:R
check my chart ..ready for 66-67 level..