UKOIL 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.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
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.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.