UKOIL close to Yearly Vwap
Updated
Downwards momentum weakening. Still fairly bearish in 4h and above.
Price close to Vwap plotted from the beginning of the year, expecting some kind of reaction here.
A bit too early for me to say what kind of reaction though. Some sideways movement and and accumulation for now isn't unlikely. I'm gonna see what happens on monday first, but I think I'll start scaling in some longs soon.
I missed a nice initial bounce from 42.50. had an alert about 4 points lower. That's what I get for not paying attention I guess...
Price close to Vwap plotted from the beginning of the year, expecting some kind of reaction here.
A bit too early for me to say what kind of reaction though. Some sideways movement and and accumulation for now isn't unlikely. I'm gonna see what happens on monday first, but I think I'll start scaling in some longs soon.
I missed a nice initial bounce from 42.50. had an alert about 4 points lower. That's what I get for not paying attention I guess...
Comment
Begun taking long positions around 42.60Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.