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DeGRAM | UKOIL short opportunity
CFDs on Brent Crude Oil
Short
DeGRAM | UKOIL short opportunity
By DeGRAM
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Mar 9
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Mar 9
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 Patterns
Support and Resistance
Trend Analysis
ukoilanalysis
ukoilsignal
DeGRAM
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