📊 Analyzing **UKOIL (Brent Crude Oil)** across multiple timeframes: **22-day time frame**, **Weekly time frame**, **Daily time frame**, and **4-hour time frame**.
📉 UKOIL has risen to $75, but a pullback is expected, presenting a better entry opportunity around $72. This zone aligns with key support, making it an ideal level to consider a position.
🔒 Stop Loss can be placed below the support zone for risk management.
🔍 We are using trend analysis and support/resistance levels to identify this setup.
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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.