-TOP author on TradingView -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -24/7 uptime so constant updates
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