Description
⋅ Hi Traders. If you've been following my analysis, I've talked about multiple selling opportunities on Oil since 120, 119, and 116.
If you've taken the advantage to squeeze in some short positions, you're in a quite a good position now.
As price still shows Bearish signs, I do expect further downwards pressure possibly towards 115.
However, if price pullbacks, 112.40 (previous S&R structure) could be another great sell zone.
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Take care and trade safe.
All the content I've posted are for educational purposes, please perform your own research and only take it as a reference.