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DeGRAM | UKOIL confluence zone
CFDs on Brent Crude Oil
Short
DeGRAM | UKOIL confluence zone
By DeGRAM
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May 6, 2023
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May 6, 2023
UKOIL broke through the support level and dropped below 80.000.
The price pulled back to resistance against the bearish trend.
The oil market could retest the resistance and fibo cluster before dropping again.
We anticipate a bearish continuation trade if the market rejects the resistance level.
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Chart Patterns
Support and Resistance
Trend Analysis
ukoilanalysis
ukoilsignal
DeGRAM
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