UKOIL H4 20% CORRECTION setup SHORT/HOLD(NEW)(SL/TP)

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UKOIL H4 20% CORRECTION setup SHORT/HOLD(NEW)(SL/TP)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.

🔸 Summary and potential trade setup
::: UKOIL H4 chart review
::: chart is LOG SCALE
::: setup still valid expecting
::: 20% gains final TP BEARS
::: continuation setup strong DOWNTREND
::: NOTEWORTHY compression Rising Wedge
::: expecting a STOP RUN near 89 USD/bbl
::: cycle low for oil market at 60 USD/ bbl
::: BEARS maintain strategic control
::: 89.50 BEARS get ready to SHORT/HOLD
::: from overhead resistance / 3 drives
::: BEAR CYCLE not over yet
::: DO NOT BUY yet into BEAR MARKET
::: lower highs 96.50 // 91.50 // 89.50
::: SHORT rips/rallies and get paid
::: 20% gains conservative TP BEARS
::: WAIT for rips/rallies and SHORT IT
::: recommend to SHORT/HOLD
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: N/A fresh demand zone
::: N/A fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BULLS / MORE GAINS
::: Sentiment outlook mid-term: BEARS / SUPER CYCLE

RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.

Comment:

GBPJPY H4: BEST Level to SHORT/HOLD +250/+350 pips(SL/TP)(SWING)