DeGRAM | UKOIL short opportunityUKOIL broke out of the descending channel .
The price is getting close to the psychological and resistance level of $85.00.
The market is making a complex pullback on a bearish trend.
We anticipate a bearish continuation trade.
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Ukoilsignal
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 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 ascending channel.
The market is heading to confluence zone 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 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 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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DeGRAM | UKOIL short opportunityUKOIL reached a support zone after a sell off.
The market made a false break from the accumulation zone.
Bulls tried to push the price higher but failed, which means bears took control.
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DeGRAM | UKOIL short opportunityUKOIL is bearish on 4H timeframe.
Price action is consolidating between 104$ - 92$ price points.
If price rejects the level by creating a false break then we can look for shorting opportunity.
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DeGRAM | UKOIL short opportunityUKOIL has attempted to break through the resistance zone roughly at $100 - 99 price level.
Price action created double top and failed make a new high.
We might see a sell off from psychological level of 100$.
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DeGRAM | UKOIL short at confluent zoneUKOIL is pulling back to the resistance zone after making a shallow new low.
This indicates that we might see a deeper retracement.
We are considering selling at the confluent zone of 100-102, which was tested multiple times before.
Look left, the structure leaves clues.
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