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USOIL H16: XABCD Bears SHORT/HOLD +10%/+15% gains(UPDATED)

Short
TVC:USOIL   CFDs on WTI Crude Oil
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USOIL H16: XABCD Bears SHORT/HOLD +10%/+15% gains(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.


🔸 Summary and potential trade setup
::: USOIL H16 chart review
::: setup still valid expecting
::: limited upside next few days
::: get ready for reversal later
::: XABCD BEARS in progress now
::: max out soon near point D
::: 44.50 point D / PRZ / kill zone
::: expecting short-term gains
::: next 3-4 days before reversal
::: this market is ALMOST maxed out
::: DO NOT SHORT yet wait for 3-4 days
::: point D is best short 113 etension
::: get ready to SHORT end of next week
::: 10%/15% correction pending
::: WAIT for price to MAX OUT
::: near 44.50 USD/bbl
::: and short high
::: recommend to SHORT/HOLD
::: recommended strategy: SHORT/HOLD
::: 44.50USD best entry. TP bears is 37USD
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 37USD fresh demand zone
::: 44USD fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment short-term: BULLS
::: Sentiment outlook mid-term: BEARS/REVERSAL

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