USOIL Possible short
USOIL has been moving bearishly for some time now since it's overall higher time frame direction is bearish. It has recently formed an interesting structural pattern where it swept previous equal highs before breaking the previous low with MASSIVE momentum. It has currently retraced back towards the deep inner range, where the kick the this previous enormous bearish momentum began, to fill imbalances that were left behind in the process. So price could potentially use a 4h supply zone to push further to the downside with the help of a triangle liquidity that has currently formed below it. The target is the latest low as it is weak due to the nature of the tend being bearish.
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