USOil has shifted its trend from the breakout of HL and a bearish divergence further indicates a possible trend reversal. Adding to it, according to fundamentals a bigger than expected build in USOil inventories causing supply disruptions. Due to which prices may take a dive. Therefore, going Short on USOil.
Trade closed: target reached
Stoploss didn't hit on my serverTP hitt!!
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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.