DeGRAM | UKOIL short opportunity

UKOIL moved down as we predicted in the last post.

Price action has created equal support levels. But the new high is lower than the previous high, meaning that the bulls are running out of steam.

The market is in a consolidation phase.







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Chart PatternsTrend Analysisukoilanalysisukoilforecastukoilshortukoilsignalukoil_usoil

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