Ambipath
Short

selling oil

FX:USOIL   Crude Oil (WTI)
81 0 2
FX:USOIL            

We've seen a bounce off the previous resistance level and it looks like the price is going to retrace down to the previous support. The oscillating indicators stay in the overbought area at this point and we have a hint of a bearish divergence on the MACD . All in all, a good probability for a short.
Trade closed: target reached: Took profit on the dip
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