Long entries on UKOIL (Brent) 6/3/15
4hr trend seems to be showing signs of new upside momentum along with formation of good demand zones on lower timeframes.
6407 seems like a good entry to go long - with supply (several retests already) at 6565 - may offer good decent reward/risk.
Large impulse seemed to be reaction to demand at 6270
6407 seems like a good entry to go long - with supply (several retests already) at 6565 - may offer good decent reward/risk.
Large impulse seemed to be reaction to demand at 6270
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Disclaimer
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.