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DeGRAM | UKOIL pullback trade
CFDs on Brent Crude Oil
Long
DeGRAM | UKOIL pullback trade
By DeGRAM
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Mar 2
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Mar 2
UKOIL reached resistance, and it pulled back from it.
The market is trading in the ascending channel, indicating the bears are running out of steam and the bulls are in control.
Price broke and closed above the resistance at 83.00.
We expect bullish move.
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Chart Patterns
Support and Resistance
Trend Analysis
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