UKOIL broke through the rising channel , which was only a pullback in terms of the global bearish trend .
The price tested, broke, and closed below the psychological level of $80.00.
The oil market could retest the resistance before dropping again, even though we can see a big red candle that indicates the start of a downtrend.
We anticipate a bearish continuation trade.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
The price tested, broke, and closed below the psychological level of $80.00.
The oil market could retest the resistance before dropping again, even though we can see a big red candle that indicates the start of a downtrend.
We anticipate a bearish continuation trade.
-------------------
Share your opinion in the comments and support the idea with a 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.