Crude: Falling Wedge with Head and Shoulders. Expected timeline.

22 de set. de 2015

Falling Wedge with Head and Shoulders within the Bigger Pattern. Expect sideways = (some bullish days and some bear days) due to the monthly resistance line. Expecting the Right Shoulder to complete and turn down once Crude comes into contact with the Resistance of the Falling Wedge. Expected price action to complete the Right Shoulder is defined within the chart. Time line is detailed and expectations described. Measured move of the Falling Wedge with a conceptual view/time line of post Falling Wedge Break Out.