Currently USOIL is testing upper MLH of inside fork as well as the lower 0.5 of regular fork based on pivots that were formed later. An inflow of supply at this level is expected. Selling short 6635 with 1.8*ATR stops and looking for 2R-3R targets below is the plan.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.