Hi Traders
Ascending triangle on UKOIL on the daily implies a breakout to the top. But fundamentals are might not backing it so the risk of a fake breakout is very relevant. I will make it dependend on the strength of the breakout candle wether I will enter a trade or not.
Ascending triangle on UKOIL on the daily implies a breakout to the top. But fundamentals are might not backing it so the risk of a fake breakout is very relevant. I will make it dependend on the strength of the breakout candle wether I will enter a trade or not.
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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.