Early shorters are out, market could start dipping from now.

Traders shorted $41.4 (Obvious Resistance), their SL's was approx. 30-40pips above. Market has cleared the SL's and early shorters are out now.

Im expecting $OIL to start dipping down and test $39.20 region. If breaks down, could continue falling to $36.80 area.


Please hit that like button if you agree with my analysis.

Komen:

Trade runing in good profit. Moved SL to my entry. Targeting $36.8 zone.