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DeGRAM | UKOIL short opportunity from kill zone
CFDs on Brent Crude Oil
Short
DeGRAM | UKOIL short opportunity from kill zone
By DeGRAM
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Feb 25
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Feb 25
UKOIL has been making lower highs and equal lows, indicating bearish pressure.
Price is testing the resistance at 82.00, the fibo, and the channel's upper border, which is a dynamic resistance.
We anticipate a pullback. The market has dropped from this level before.
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Chart Patterns
Support and Resistance
Trend Analysis
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