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USOIL D1: get ready for 25% correction (SL/TP)(NEW)

Short
TVC:USOIL   CFDs on WTI Crude Oil
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USOIL D1: get ready for 25% correction (SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT because I expect massive
reversal soon from 49USD/bbl.


🔸 Summary and potential trade setup
::: USOIL one day/candle chart review
::: speculative HS setup in progress
::: HEAD at 49 USD 162 ext
::: for this week recommend buying/holding
::: expecting short-term gains
::: HOWEVER massive reversal at 49 USD/bbl
::: final push remains before reversal later
::: BEARS SHORT from overhead
::: recommended strategy: BUY/HOLD
::: BULLS exit at 49 USD/ bbl +15% gains
::: BEARS should wait for 49 USD
::: WAIT for price to MAX OUT
::: near 49.00 USD/ bbl
::: SHORT HIGH NEAR 49USD
::: TP BEARS is 36 USD/bbl +25% gains
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 36USD fresh demand zone
::: 49USD 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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