Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124

[ad_1]
On the charts, oil gives one of the clearest classic signals:
👉 Complete the negative head and shoulders pattern + neckline breakthrough
This is one of the strongest reversal patterns, especially after a previous advance.
After a clear breakout, the price is currently around $90, which means:
The general trend has begun to shift from bullish to bearish
📊 Explanation of movements according to strategy (Head and Shoulders)
Left shoulder → rise and then fall
Head→Dingding (about 116)
Right shoulder → lower crest (obvious weakness)
Neckline → Zone 98 – 100
✔️Hard break
✔️Then accelerate directly downward
👉 This usually happens:
Strong landing + power acceleration
📍 The most important sports area
🔴Resistance (what will rise):
95.7
98.3 – 100 (the most important area – the neckline)
104.9 (bearish scenario canceled)
🟢 Support and implementation goals:
88 – 85 (current area)
75 (primary target)
72
65 (depth target-model measurement)
🔮 Expected scenarios
🔴Basic scenario (most likely):
Stable below 95-98
Selling pressure continues
⬇️Goal:
85
75
72
May reach 65 in the medium term
👉 This is the normal situation after breaking out of the head and shoulders pattern
🟢 Opposite case (weak but possible):
Price returns to over 100
and consistency
⬆️Goal:
104
Then retest the peak
👉But this requires purchasing power that is not yet obvious
⚖️Market interpretation
Weak right shoulder → early signs of landing
Breakthroughs happen without hesitation → Confirm
No strong rebound yet → Continued pressure
👉 The market is currently in a bearish distribution phase
🧩 Is the decline over?
Honestly:
❌ No
👉As long as the price is below 98 – 100
The decline is not over yet
but:
✔️ We may see a temporary rebound (correction) before continuing the decline
🧠 Tips
For traders:
Don’t buy just because the price has dropped a lot.
Watch the neckline retest(100)
Any move up without a breakout = potential selling opportunity (behavioral analysis)
For Oil Holders (Physics):
The condition becomes more serious after a fracture
It is best to use level 75 as the evaluation range
watch:
damaged collar
pull back
height projection measurement
👉 The models here are very clear and very suitable for learning
🎯Finally
Oil prices enter true bearish phase after breaking out of strong pattern
✔️ Below 100 = Clearly negative
✔️ Target open to ages 75 and under
✔️ Any current advance = correction, not reversal
[ad_2]
Source link