USOIL H4: TARGET BEARS / 10% correction(SL/TP)(NEW)

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USOIL H4: TARGET BEARS / 10% 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 short-term
and mid-term losses in August.

🔸 Summary and potential trade setup
::: USOIL H4 review and outlook
::: rising wedge just broke down recently
::: opens up massive downside in oil market
::: also we filled the gap from the past
::: so past of least resistance now: DOWN
::: Just short it / short sell any rips/bounces
::: and you will get paid.
::: TP1 bears is 5% gains TP2 bears is 10% gains
::: short-term targets: 38USD/bbl / 36USD/bbl
::: Price target August/September 32/34 USD/bbls
::: do not expect fast/overnight gains
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook mid-term: BEARS