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USOIL D1: 30% correction TP BEARS 35USD/ bbl (SL/TP)(UPDATED)

Short
TVC:USOIL   CFDs on WTI Crude Oil
USOIL D1: 30% correction TP BEARS 35USD/ bbl (SL/TP)(UPDATED)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.


🔸 Summary and potential trade setup
::: USOIL one day/candle chart review
::: updated/revised outlook
::: 25%+ downside remains
::: wave2 lockdowns taking over
::: speculative HS setup in progress
::: HEAD at 49/50 US/ bbl
::: WE ARE ALMOST maxed out now
::: new wave of global lockdowns
::: especially in EU zone
::: also HARD BREXIT pending
::: GET READY TO SHORT IT
::: recommended strategy: SHORT/HOLD
::: BEARS should wait for 49/50 USD
::: WAIT for price to MAX OUT
::: near 49.00/50.00 USD/ bbl
::: and short high
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 35USD fresh demand zone
::: 49USD/50USD fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BULLS
::: Sentiment mid-term: BEARS/SHORT IT

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