US OIL Intraday

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Here we have our OIL chart.

We are looking for a move down to the TGT area noted by the arrow.

We have previously rebounded from the Weekly support and on this bounce back up to the high's we can accumulate our sell positions for early intraday gains.


Our 4H chart shows us at the MA's and price rejection, where it is a good place to start to sell.

This gives us reason to RE enter short positions.

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Target reached.