retest of $29-30

FX:USOIL   CFDs on Crude Oil (WTI)
66 4 3
I Think oil             may be retesting the break of $29 and could offer an entry at current levels for a short trade to $25. This now long term down trend may start to chop sideways If another impulse move down happens. on the chart ive shown a zone in which I think a sideways trend could start and oil             would find support.
Comment: Short entry taken
testing 50% level.
Didn't take the long but would have been good. Watching for reversal at around 31.50
could be a lower time frame set up here with a pendant pattern. just one for the watch list currently
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