As we see on chart price bounced down from key sell zone $66 — $67. Also, 2 weeks ago OPEC announced that they increase OIL production. We have a technical and fundamental reason why it should move down.
For me the best place for open Short is near $65 — $66 zone. The long-term goal is $59
P.S. Also if you take a look on all currencies with USD you will see that it is increasing everywhere. And it will do against Gold and OIL as well.
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Price near the key level where you can open Short. The Best Place for S/L is upper $67
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If you opened Short on Oil, you can hold it.
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US OIL just made a PullBeak to sell level $66.22
Price can continue to move down. I opened Sell at $65.32. I recommend you look for short only in this zone $65.50 - $66.00.
S/L: $66.39 1T/P: $62.14 2T/P: $58.50
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Price bounced from $66. those who open a deal in right place you can hold it to 1st T/P.