UKOIL rebounded from the support level and broke close above the channel. The market descending channel is just a pullback on the 4-hourly chart, so it makes sense to buy the market. We expect a bullish move to potentially break out of higher highs. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
UKOIL reached resistance, and it created AB=CD pattern. 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 84.00 which became the support level. We expect a pullback, then a bullish move. ------------------- Share your opinion in the...
UKOIL is trading in the descending channel. Price broke and closed below the resistance level at 83.00. We can see the market has created a consolidation zone around this level, which means it's an important level. We anticipate a bearish move by completing the AB=CD pattern. ------------------- Share your opinion in the comments and support the idea with a...
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. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
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. ------------------- Share your opinion in the comments and support the idea with a like....
UKOIL was rejected at resistance at 84.00 before. Price is printing potential for a double-top. The oil market is consolidating on the 4H chart. We anticipate further consolidation and a bounce off the resistance level. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
UKOIL broke the ascending channel and went down. The oil market is likely to create a pullback from the support level. We anticipate a continuation of the bearish trend. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
UKOIL bounced off the resistance at 84.00 and the 127.2% fibo extension level. Price created the bearish harmonic pattern after breaking out of the descending channel. The current trend on the D chart is a pullback against the major trend. We anticipate a pullback and bearish move. ------------------- Share your opinion in the comments and support the idea...
UKOIL is trading in the descending channel. The market keeps trading below the psychological level at 80.00. Price is basically consolidating and coiling up before expansion. We anticipate a rebound from the resistance at 80.00. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
UKOIL has been making lower highs and lower lows. Price broke and closed below the psychological level of 80.00. We anticipate a trend continuation and a retest of the support level. ------------------- Share your opinion in the comments, and support the idea with a like. Thanks for your support!
UKOIL rebounded from the support level. Price decelerated while approaching the support level. The market has reached a significant level on the daily chart, so it makes sense to buy the market. We expect a bullish move to potentially break out of the descending channel. ------------------- Share your opinion in the comments and support the idea with like....
Price broke last high once again and is still pushing for new highs. expect some sort of reversion by thursday to then clear last high and make a new one.
UKOIL is trading in the descending channel, making lower lows. It pulled back following the divergence at the support level. Price is testing the resistance level, which creates a kill zone to short the market. We anticipate a trend-continuation trade. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
UKOIL is in the bearish trend. It's trading in the descending channel. Price dropped below the significant level at 80.00 , which creates a confluence zone to short the market. We anticipate a trend-continuation trade from the resistance and 50% fibo retracement. ------------------- Share your opinion in the comments and support the idea with a like. Thanks...
UKOIL broke the ascending channel, and the price is pulling back to it. The oil market is probably printing an AB=CD pattern. We anticipate a continuation of the bearish trend. Breakout, pullback, and continuation ------------------- Share your opinion in the comments, and support the idea with a like. Thanks for your support!
UKOIL has been making lower highs and lower lows. Price is testing the resistance at 82.00, the fibo, and the channel's upper border, which is a dynamic resistance. We anticipate a trend continuation and a retest of the support level. ------------------- Share your opinion in the comments, and support the idea with a like. Thanks for your support!
UKOIL is moving to resistance at 91.00 and a fibo cluster. The price printed the AB=CD pattern. The oil market is approaching major resistance and fibo golden zone on the 4H chart. We anticipate a reversal from the resistance level. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
UKOIL dropped from the resistance. The market is in consolidation. Price is trading in the ascending channel and creating a bullish harmonic pattern. We anticipate a pullback from the support at 91.00 and a bullish move or continuation of consolidation. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!