Oil Short - 1:10 RR

Hi Traders,

Following up on my previous long on Oil we have found some resistance around this area.

I have given a trade opportunity of 1:10 aiming for the 50% fibonacci level and touch of the trendline.
This should be taken with caution as Oil is coming through on a strong trend.

Chart PatternscrudecrudeshortTechnical IndicatorsOiloilshortTrend Analysiswticrude

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