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DeGRAM | UKOIL short opportunity
CFDs on Brent Crude Oil
Short
DeGRAM | UKOIL short opportunity
By DeGRAM
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Jul 16, 2023
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Jul 16, 2023
UKOIL market shows overbought at resistance at 81.00 and the fibo golden zone on the 4H chart.
If the price makes a double top at the resistance level, the market will most likely go down.
We anticipate a short trade because the ascending channel is a pullback against the major bearish trend.
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Chart Patterns
Support and Resistance
Trend Analysis
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ukoilsignal
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