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DeGRAM | UKOIL short from the kill zone
CFDs on Brent Crude Oil
Short
DeGRAM | UKOIL short from the kill zone
By DeGRAM
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Dec 16, 2023
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Dec 16, 2023
UKOIL is trading in the descending channel, making lower lows.
It pulled back following the divergence at the support level.
Price is testing the resistance level, which creates a kill zone to short the market.
We anticipate a trend-continuation trade.
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Chart Patterns
Support and Resistance
Trend Analysis
ukoilanalysis
ukoilsignal
DeGRAM
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