DeGRAM | UKOIL bearish move from confluence level
Updated
UKOIL bounced off the resistance at 84.00 and the 127.2% fibo extension level.
Price created the bearish harmonic pattern after breaking out of the descending channel.
The current trend on the D chart is a pullback against the major trend.
We anticipate a pullback and bearish move.
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Share your opinion in the comments and support the idea with a like. Thanks for your support!
Price created the bearish harmonic pattern after breaking out of the descending channel.
The current trend on the D chart is a pullback against the major trend.
We anticipate a pullback and bearish move.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
Trade closed: target reached
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