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US OIL trickling..

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Here we have our USOIL chart. We looked at this Asset short previously and we are now seeing a huge fall on the current Inflation fear news in the US..

The huge rally and high price has provided a Market Maker stop situation above previous highs. The price Also is a resistance area on higher timeframes.

We can now see a change in movement to the downside which is why we are looking to sell as price falls (see chart). We are bouncing off MA's currently on the 1H and will be looking to see price lower.

Exit zone is shown by the eclipse symbol area.
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