UKOIL WK1: $250 USD going parabolic super cycle for oil(NEW)

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UKOIL WK1: $250 USD going parabolic super cycle for oil(NEW)(SL/TP)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.

🔸 Summary and potential trade setup
::: UKOIL WK1 chart review
::: chart is LOG SCALE
::: setup still valid expecting
::: OIL going to hit 250 USD in 2022
::: US is going to impose strict sanctions
::: 5 mln bbl / day production going offline
::: will trigger a massive price spike in oil
::: BULLS should accumulate dips in this market
::: even if Iran deal is signed it's only 500K/day bbl
::: so will only cover 10% of 5 mln bbl/day
::: BULLISH SUPER CYCLE in commodities
::: will be triggered by geopolitics
::: have to get used to high commodity prices
::: BUY ANY DIPS / final TP is 250 USD in 2022
::: 100% upside from current market price
::: WAIT for dips and reload (BULLS)
::: recommend to BUY/HOLD
::: recommended strategy: BUY/HOLD
::: bullish super cycle in oil market
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 110USD fresh demand zone
::: 250USD fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BULLS / MORE GAINS
::: Sentiment outlook mid-term: BULLS / SUPER CYCLE

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