dasnakepit
Short

USOIL short opportunity

FX:USOIL   Crude Oil (WTI)
72 0 2
Looks like sellers are getting stopped out and buyers are stepping in on a false breakout into resistance, so perfect time to enter short. 50% fib confluence as well, but will wait for further conviction on lower time frames early in the week for entry. Scenario 2: if price continues up past $40, I will be looking to short it around $45 at the .786 fib and weekly/monthly resistance.
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