USOIL H8: 20% Gains CORRECTION setup SHORT/HOLD(NEW)(SL/TP)

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USOIL H8: 20% Gains CORRECTION setup SHORT/HOLD(NEW)(SL/TP)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.

🔸 Summary and potential trade setup
::: USOIL H8 chart review
::: chart is LOG SCALE
::: setup still valid expecting
::: 20% gains final TP BEARS
::: continuation setup strong DOWNTREND
::: sequence of lower highs in progress
::: cycle low for oil market at 60 USD/ bbl
::: BEARS maintain strategic control
::: 87.50 BEARS get ready to SHORT/HOLD
::: from overhead resistance / 3 drives
::: BEAR CYCLE not over yet
::: DO NOT BUY yet into BEAR MARKET
::: lower highs 96.50 // 91.50 // 87.50
::: SHORT rips/rallies and get paid
::: 20% gains conservative TP BEARS
::: WAIT for rips/rallies and SHORT IT
::: recommend to SHORT/HOLD
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: N/A fresh demand zone
::: N/A fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BULLS / MORE GAINS
::: Sentiment outlook mid-term: BEARS / SUPER CYCLE

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