US OIL SHORT

Updated
Strong impulse followed by price overextension to form a lower high if price continues down, entry on the retest of the lower ascending trendline. Stop loss placed a 30m ATR above the blue zone, aiming for a retest of the lows provides a conservative target and a nice risk reward ratio.
Comment
SL HIT -1%
Chart PatternsTechnical IndicatorsOilTrend Analysis

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