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RizeSenpai
Aug 16, 2021 7:15 PM

Texas Oil Presumably Ready to Break Uptrend Short

West Texas OilOANDA

Description

We are testing the weekly trend after showing bearish divergence and going red on the Heikin Ashi Candlesticks
We may look for a minimum of a 50 percent retracement from here.

In the meantime we may consider buying into the inverse ETF of Crude SCO

Natural Gas and crude may not necessarily move together so i am diversifying my bearish positions among the two.
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