USOil - Balancing zone after strong sell off

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Tight corrective structure after strong sell off indicating the sellers are still in control and pushing against the buyers. Even though price is overextended on the higher time frame, most likely we'll see another push down before we get a bigger retracement/correction.
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First target hit. Second position still open.
balanceareacorrectivestructureprice-actionshortshortsetupSupport and Resistance

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