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Short in USOIL

"I am currently in a short position on USOIL due to the price reaching a supply zone. After conducting a thorough analysis, I identified a significant supply zone where selling pressure is expected to outweigh buying pressure. This suggests a high probability of a price reversal and potential downward movement. By taking a short position, my objective is to capitalize on this potential price decrease and maximize my trading profits. I will closely monitor the price action, market sentiment, and any relevant economic factors to effectively manage my position and make necessary adjustments as the trade progresses. As always, risk management remains a key aspect of my trading strategy to protect my capital and achieve optimal returns."
Supply and DemandSupport and Resistance

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