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USOIL: Strategic Outlook / 80% losses possible(NEW)

TVC:USOIL   CFDs on WTI Crude Oil
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USOIL: Strategic Outlook / 80% losses possible(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.


🔸 Summary and potential trade setup
::: USOIL daily chart review and outlook
::: massively overbought
::: expecting limited upside short-term
::: SUPER HEAVY resistance 46/48 USD / bbl
::: recovery not supported by fundumentals
::: global GDP took a massive hit recently
::: EU GDP down 10-15% QoQ and can get worth
::: New lockdowns already enforced globally
::: doesn't support high oil prices
::: expecting market to top out and turn soon
::: inverted V-shape recovery
::: 80%+ LOSSES POSSIBLE
::: speculative setup, results not guaranteed
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS/REVERSAL
::: Sentiment outlook short-term: MILD BULLS/RANGE/MIXED
MT4/MT5 SCANNER FX/CRYPTO/US SIGNALS SL/TP
https://THESYNDICATE.LIVE
BEFORE/AFTER ANALYSIS
https://THEPROJECTSYNDICATE.BLOGSPOT.COM/
CHANNEL TA/SIGNALS SL/TP
https://T.ME/THESYNDICATE001
DETAILED SCANNER RESULTS
https://TWITTER.COM/PRSYNDICATE001

Comments

Hello dear professor
Do you think oil will reach $ 5 again ????
Thank you very much
Reply
So I'm not crazy. The emperor has no cloths.
Reply
Amazing work! thanks 🦐
Reply
very baad trider
Reply
nice analysis on Oil, thanks for sharing
Reply
This one look promising
Reply
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