Oil is been rejected from resistance line at $28, now oil will retest the $22,
is a double bottom, so let's see how interact with the support line.
It could be a potential breakout to the downside.
MACD and SRSI pointing down.
Also oil price could be affected by the news, so please be careful and also use SL, especially when you use leverage.
also your risk/reward is higher near the support/resistance lines (key levels)
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You trade at your own risk and nobody can guarantee you results.