USOIL Bears Are Back With Vengeance

My previous USOIL trade setup failed dramatically. Losing trades are regarded as a business expenditure once risk management is set up properly. It seems USOIL is going through the long-awaited pullback to bring this market back to normal state form being way too overextended. I anticipate bears will try to take this down to around 6750 where they will potentially take profits en masse, thus attracting trend continuation players. It seems reasonable to monitor that area for potential pullback long entries with $1.75k risk and $5k return per lot. This is a lower probability setup with exceptional R:R - worth a try.