Ukoilsignal
DeGRAM | UKOIL short at confluent zoneUKOIL is forming a big triangle by making lower highs and higher lows.
Price has previously made sharp moves downward from the 112$ level.
There is a good chance the level could hold the price.
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DeGRAM | UKOIL short opportunityOil has bounced off from 110$ level as we predicted before.
Now it is going down after breaking out the channel.
Price is likely going to test the lower levels till 100$.
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UKOIL - buy after retest🔥Pair is in the global trend direction. For the last month, the price was in a range and made breakout a local trend line. There has been no retest yet. And this is a good opportunity to wait for a good entry point.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade