How to Oil Trade Head & Shoulders Crude Oil Trading Chart Pattern Signal

A Head and Shoulders crude oil chart pattern is a bearish trend reversal oil trading signal which trading signals the current upwards oil trend is about to reverse once the Head and Shoulders crude oil trading pattern is confirmed.

The Head and Shoulders crude oil pattern is a pattern with three consecutive highs where the second high is slightly higher than the first & third high which signals the upward oil trend is losing momentum & if the crude oil price of the oil pair falls below the support zone which is the 2 lows between the 3 highs then the Head and Shoulders crude oil chart pattern is considered confirmed & the crude oil price of the oil pair changes to a bearish trend.

Oil Trade Head & Shoulders Oil Trading Chart Patterns