US OIL down

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Here is our US OIL chart..

We have seen this asset rally recently on current news sentiment about Demand. On such prices rises we start to look short at applicable areas and create an ideal profit margin with our exit plan.

We are at reasonable resistance and moving off Key MA's. Stochs are high and we are looking for a move down to our Target area noted by the eclipse symbol.

Make sure your risk management is correct!