Oil setting up beautifully for short
After failed bull continuation, in the shaded area, we notice the price broke to the downside indicating probabilities of retesting previous value area 72.590, let's be patient and see if we get corrective/bear flag to confirm bears bias or continuation.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.