USOIL VERY IMPORTANT WEEKLY TRENDLINE WTIOIL CRUDE OIL
trend support may not be able to withstand. Two peaks show the reversal. what do you think? there will be a breakdown You will learn the best place where we can trade this instrument at low risk. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates...
UKOIL is testing the descending channel resistance. The market brokedown below the rising wedge support as expected from my previous analysis. RSI is printing a bearish divergence signal. Price action is printing a double top reversal pattern. Breakdown below the double top neckline support could be a bearish signal ⬇️.
UKOIL is approaching the descending channel resistance. Potential price rejection ⬇️.
Hi trades, Keep your eyes for sell setups on lower time frame.
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Gap fill straight into major weekly resistance for both $CL and $BR. Good place for a significant retrace.
Here as you can state we can tell that there is a very high respect toward the trend lines and that would help us to predict the next market movement Please share with me your thoughts, Regards.
UKOIL bounced off 45.06 where it could potentially rise further to 45.57. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
UKOIL approaching support at 44.76 where it could potentially rise further to 45.59. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
UKOIL bounced off 45.08 where it could potentially rise further to 46.22. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
UKOIL reversed off its intermediate resistance at 44.36 where it could potentially drop further to 43.56. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
UKOIL bounced off 43.80 where it could potentially rise further to 44.42. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.