DeGRAM | UKOIL short opportunity

By DeGRAM
UKOIL is trading in the descending channel.

Price broke and closed below the resistance level at 83.00.

We can see the market has created a consolidation zone around this level, which means it's an important level.

We anticipate a bearish move by completing the AB=CD pattern.


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Chart PatternsSupport and ResistanceTrend Analysisukoilanalysisukoilsignal
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