SHORT OIL Break of support and retest

**Oil Sell Setup:**

1. **Entry:**
- Sell at rejection of 0.50 daily Fib + 20 MA confluence
- Wait for bearish confirmation candle

2. **Stop Loss:**
- Place above recent swing high

3. **Take Profit:**
- Target 1: Recent swing low
- Target 2: Previous major swing low
- Target 3: Major support level from higher timeframe

4. **Confirmations:
- Rejection candles at confluence zone
- Failed attempts to close above 20 MA

5. **Management:**
- Scale out at targets
- Move stop to breakeven at first target