USOUSD (OIL) 4H: 29/12/2022: Bear Market

Dec 29, 2022

Obviously, the trend is bearish, but $70 is on the way (this is an interesting price for buyers).

On the other hand, we are in the discount so we should wait and give a time to price raise to our optimal price entry.

So we're looking for a nice short setup on:

79.9 - 81-5
84.3 - 86.3



💡Wait for update!
🗓️29/12/2022
🔎 DYOR

💌It is my honor to share your comments with me💌

Jan 6, 2023

Trade closed: target reached

Well, as you can see the price reacts to the Demand zone that we mentioned in the caption.

More than 850 Pips.

Cheers 🥂

Wait for the new TA