Possible short setup USOIL to 98.75

USOIL has created a daily W-pattern. Typically the market wants to test the neckline of this double bottom. That means that a setup could be available to this point. However, before we can take this posistion we need to wait untill all the checkboxes of the strategy are checked to have maximum probability of a profitable trade. So let's wait and see how the market develops in the upcoming hours/days and see if this setup indeed does get validated.

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However, no entry was created for us.