USOIL SHORTS 12/06/16

According to our ZW STRATEGIES USOIL is showing signs of pulling back towards $46.50. We have entered a SHORT position because the PRICE ACTION was in line with our METHOD.

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A break and close below this level will signal a high probability opportunity to short again to $44-$45.

TRADE what you see NOT what you THINK !

ZW

Trade active:

Short trade still active and STOP LOSS is on BREAK EVEN... No matter what happens we wont LOSE ANY CAPITAL...

Bias is still to downside.

ZW