DeGRAM | UKOIL short opportunity

UKOIL is trading in the descending channel and it made lower lows as we predicted last week.

The market broke and closed below the support level , which became a resistance.

Price action bounced off from the trendline.

If the resistance level rejects the price, then we can look for selling opportunities.


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Chart PatternsSupport and ResistanceTrend Analysisukoilanalysisukoilideaukoilsignal

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