Newb Cooey Question

Kukri blade

Regular
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Location
Lower Mainland
I was at the range the other day shooting my Cooey 600 and all my shots were about 2 inches high at 25 yards. I'm not sure how to adjust the rear sight to compensate. Should I be sliding it to the left or right? And heres a picture of the rifle.
DSCN0326.jpg
 
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