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USOIL Sell Setup

on DAILY: USOIL is sitting around a strong resistance zone so we will be looking for sell setups on lower timeframes

on M30: USOIL formed an objective trendline in blue and broke its last swing downward. we also have a divergence on MACD adding more confluence to our setup.

But since the break happened a couple of hours before the market close and because the price is sitting around the round number 40.0

Let's wait for a momentum candle close below 40.0 in green before selling for extra confirmation.

Good Luck!

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