BOREARIS

WTI Crude Oil Inverse head & shoulders 4 hour

WTI Crude Oil 4 hourConfirmed Oct 12, 21:00 UTC+8
LSNHNRSConfirmedClosed101.27Target 100.47Confirm 94.26Neck 93.74Invalid 89.79━ MA20 + Bollinger Bands ━ MA50 4 hour70503069.82━ RSI ━ 9MA01.47━ MACD ━ MACD Signal09/25 05:0009/30 17:0010/06 05:0010/09 17:0010/15 05:00
LSNHNRSConfirmedClosed101.27Target100.47Confirm94.26Neck93.74Invalid89.79━ MA20 ━ MA5070503069.82━ RSI ━ 9MA01.47━ MACD ━ MACD Signal01 17:0008 21:0016 01:00

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

Inverse head & shoulders: Target hit

Target100.47
Confirmation94.26
Invalid at89.79
Move+6.55%

Timeframe4 hour
ConfirmedOct 12, 21:00
ClosedOct 20, 01:00
Duration176.0 h
Reward / risk1.39

What this tells you

Three lows with the middle one deepest; a break above the neckline often signals the end of a decline.

Check it on the live chart

← All chart patterns · Other patterns for this market · Key levels and research for this market · How to read patterns

Swing points

PointTime UTC+8Price
Left shoulderSep 30, 05:0091.10
NecklineOct 02, 01:0096.02
HeadOct 06, 17:0088.38
NecklineOct 08, 21:0094.37
Right shoulderOct 12, 09:0090.10
ConfirmationOct 12, 21:0094.26

Recently closed Inverse head & shoulders patterns: 4 in total, 2 reached the target first (50%), 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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