Oil short zone

On the chart it is nice b shape profile, which indicate strong sellers. Intraday short level 2902.7 is based on my Trend setup accumulation, which push price significant down and started really nice move downward. There was a significant volume accumulation right during the strong selling activity. This tells us that strong sellers were building up their positions there and that they pushed the price lower afterward. When the price makes it back to this area again, I expect that those sellers will be defending their positions and that they will push the price lower again.