Early shorters are out, market could start dipping from now.

Traders shorted $41.4 (Obvious Resistance), their SL's was approx. 30-40pips above. Market has cleared the SL's and early shorters are out now.

Im expecting $OIL to start dipping down and test $39.20 region. If breaks down, could continue falling to $36.80 area.


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Comment:

Trade runing in good profit. Moved SL to my entry. Targeting $36.8 zone.