BOREARIS

WTI Crude Oil Bearish Shark 1 hour

WTI Crude Oil 1 hourConfirmed Oct 13, 08:00 UTC+8
XABCDConfirmedClosedInvalid 96.1495.31Confirm 93.54Target 91.91━ MA20 + Bollinger Bands ━ MA50 1 hour70503054.61━ RSI ━ 9MA00.34━ MACD ━ MACD Signal10/07 19:0010/08 21:0010/09 23:0010/13 01:0010/14 03:00
XABCDConfirmedClosedInvalid96.1495.31Confirm93.54Target91.91━ MA20 ━ MA5070503054.61━ RSI ━ 9MA00.34━ MACD ━ MACD Signal09 11:0012 23:0014 11:00

Gold line = the pattern's swing points; gold box = the confirmation candle; coloured lines = target and invalidation; blue = confirmation price.

Bearish Shark: Invalidated

Target91.91
Confirmation93.54
Invalid at96.14
Move-2.82%

Timeframe1 hour
ConfirmedOct 13, 08:00
ClosedOct 15, 01:00
Duration42.0 h
Reward / risk0.63

What this tells you

C overshoots the prior swing and D returns to 0.886-1.13 of the 0X leg, often a reversal after a sharp move.

Check it on the live chart

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Swing points

PointTime UTC+8Price
XOct 08, 23:0094.37
AOct 09, 16:0091.06
BOct 09, 23:0093.16
COct 12, 09:0090.10
DOct 13, 02:0094.84
ConfirmationOct 13, 08:0093.54

Recently closed Bearish Shark patterns: 6 in total, 4 reached the target first (67%), 2 were invalidated and 0 expired (small sample). Results by pattern →

Chart patterns are technical reference points, not trade recommendations. Past results do not guarantee future outcomes; trading involves risk.

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