Took a "short" off trendline rejection on Oil...
Entered a trade, on DWT technically, based off the trendline rejection and overall downtrend on Oil. It is also a retest of most previous high and makes since to bring 100 SMA down to 200. Watching PA to determine where we go from here...
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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.