OIL WEEKLY H&S AND RANGE BREAKDOWN #FOREX #TRADING

OIL finally broke out of its months long 70-80 range consolidation to the downside on the EUROPEAN Bank Crisis news ... as the traders betting now w a heavy recession looming less OIL will be necessary on fundamental basis. Any short term pullback to the neckline on 1h/4h time frames should be used as entry for a short.