USOIL: Short opportunity aiming for 38

If you didn't get short oil yet, you may have another opportunity today, if price retests the purple zone above. I'd reccomend shorting under yesterday's low in case this zone doesn't get retested. With stops at 47.85 and targetting 38, this could be a very good swing trade opportunity.

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If we don't accelerate down today, we'll see a retracement before more downside.

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Anyone caught the retest of the purple zone?

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Bears gaining ground here. Looking for more downside. Keep stops above Friday's close.