USoil is forming a wonderful pattern combo: Bearish Butterfly and Builish Cypher, conjoint at 52.72.
Moving average is turing flat, together with declining momentum on MACD, both shows negative direction toward oil price.
Good trade to short , with good risk-reward ratio, together with the over supplied production.
Short @ 52.72
SL:54.5
TP1:50
TP2:49.2
TP3:47.2
TP4:44