DeGRAM | UKOIL confluent zone for sell UKOIL rebounded from the bearish trendline on the daily chart. Price was pushed back twice. Look left.
Price action printed a double top, and it created the same pattern as before.
We anticipate a trend continuation trade if sell opportunity presents itself.
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Ukoilidea
DeGRAM | UKOIL anticipation the continuation of trendUKOIL reached resistance after a sell-off. The market is making HHs and higher close.
The market is trading in the ascending channel, indicating the bears are running out of steam and the bulls are in control.
We anticipate the continuation of this current trend.
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DeGRAM | UKOIL short opportunity at confluent zoneUKOIL is approaching a confluence level where its psychological number of 86.00 and its dynamic resistance.
The market is making a pullback on the larger scale of the bearish trend . Price was pushed back twice before. Look left.
We anticipate a trend continuation trade if sell opportunity presents itself.
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DeGRAM | UKOIL short opportunityUKOIL broke out of the ascending channel.
The price tested the psychological and resistance level of $85.00, then dropped.
The market formed a box after a bearish trend, and it may create a potential AB=CD pattern.
We anticipate a bearish continuation trade.
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DeGRAM | UKOIL short opportunityUKOIL broke out of the descending channel .
The price tested the psychological and resistance level of $85.00, then dropped.
The market made a complex pullback on a bearish trend .
We anticipate a bearish continuation trade.
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DeGRAM | UKOIL confluence level for sellUKOIL is trading in the descending channel .
Price is testing the resistance level and the channel's upper border, which is a dynamic resistance.
The market is making a pullback on the larger scale of the bearish trend.
We anticipate a trend continuation trade.
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DeGRAM | UKOIL opportunity to buyUKOIL reached a support zone after a sell-off.
The market is decelerating while approaching the support zone , indicating the bears are running out of steam.
We anticipate a short-term pullback.
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DeGRAM | UKOIL reversal pattern at resistanceUKOIL broke through the descending channel .
The price action tested the trendline and closed below it.
It failed to make a higher high, resulting in an H&S pattern.
The market is making a pullback on the larger scale of the bearish trend .
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DeGRAM | UKOIL bearish opportunityUKOIL broke through the descending channel .
The price action tested the resistance zone twice, then dropped.
It failed to make higher high. Price is losing strength.
The market is making a pullback on the larger scale of the bearish trend .
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DeGRAM | UKOIL confluence level UKOIL broke out of the ascending channel and sharply went down .
The market broke and closed below the support level, which became a resistance at $86.00.
If price pulls back to the previous resistance level , then we look for a selling opportunity at the confluence level.
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DeGRAM | UKOIL confluence level for sellUKOIL broke out of the ascending channel.
The market broke and closed below the resistance level, which became a support at $90.00.
If price pulls back to the previous resistance level, then we look for a selling opportunity at the confluence level.
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DeGRAM | UKOIL bullish opportunityUKOIL is channeling upward, creating higher highs.
The market broke and closed below the resistance level , which became a support .
if price pulls back to previous support level , then we look for buying opportunity.
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DeGRAM | UKOIL short opportunityUKOIL is trading in the descending channel .
The market is pulling back on the larger scale of the bearish trend .
If price make reject the resistance + upper border of the channel (trendline) then we can look for selling opportunity.
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DeGRAM | UKOIL short opportunityUKOIL broke through the descending channel.
The price action tested the resistance zone twice, then dropped. It failed to make higher high.
The market is making a pullback on the larger scale of the bearish trend .
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DeGRAM | UKOIL short opportunityUKOIL is trading in the descending channel.
The market is pulling back on the larger scale of the bearish trend .
If price make reject the resistance + upper border of the channel (trendline) then we can look for selling opportunity.
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DeGRAM | UKOIL short opportunityUKOIL broke through the descending channel.
The price action is testing the resistance zone.
The market is pulling back on the larger scale of the bearish trend.
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DeGRAM | UKOIL short opportunityUKOIL is trading in the descending channel .
The price action tested the resistance several times before that acted as support/resistance .
The market bounced off from the upper border of the channel and resistance, which is a confluence zone.
Price action created range at the resistance and we expect break and closed below it.
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DeGRAM | UKOIL short opportunityUKOIL is trading in the descending channel.
The price action tested the resistance several times before that acted as support/resistance.
The market is approaching the upper border of the channel and resistance, which gives us a confluence zone.
If the resistance level rejects the price, then we can look for selling opportunities.
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DeGRAM | UKOIL short opportunityUKOIL is trading in the descending channel.
The market is heading to confluence zoen where there are resistance and global trendline.
The price action has bounced off the trendline several times before.
If the resistance level rejects the price, then we can look for selling opportunities.
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DeGRAM | UKOIL short opportunityUKOIL is trading in the descending channel and it made lower lows as we predicted last week.
The market broke and closed below the support level , which became a resistance.
Price action bounced off from the trendline.
If the resistance level rejects the price, then we can look for selling opportunities.
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DeGRAM | UKOIL short opportunityUKOIL made lower lows as we predicted last week.
The market broke and closed below the support level , which became a resistance.
Price action's pulling back to it.
If the level rejects the price and breaks through the range, then we can look for selling opportunities.
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DeGRAM | UKOIL short opportunityUKOIL made lower lows as we predicted last week.
The market broke and closed below the support level , which became a resistance.
Price action pulled back to it and formed a range.
If the level rejects the price and breaks through the range, then we can look for selling opportunities.
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DeGRAM | UKOIL short opportunityUKOIL made lower lows as we predicted last week.
The market broke and closed below the support level, which became a resistance.
Price action pulled back to it. If the level rejects the price, then we can look for selling opportunities.
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