Is Crude Oil on the verge of another collapse? (Nov. 18, 2022)

Perfect rectangle (double high, double low) for Crude on the daily chart. The double top formation will technically be confirmed if price clears $81. The measure move is big… but we take it one day at a time. If at all, buyers may show up, but with a tight stop-loss.

Disclaimer> This post is informational only. This post is not a trading or investment advice! Financial markets are inherently risky. Manage your position size carefully and honor your risk decisions which you and only you are responsible for!