Sascha_Gogolin
Short

USOil - Balancing zone after strong sell off

FX:USOIL   CFDs on Crude Oil (WTI)
Tight corrective structure after strong sell off indicating the sellers are still in control and pushing against the buyers. Even though price is overextended on the higher time frame, most likely we'll see another push down before we get a bigger retracement/correction.
Trade active: First target hit. Second position still open.
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