CFDs on Brent Crude Oil
Long

DeGRAM | UKOIL channel breaking

580
UKOIL rebounded from the resistance and pulled back on the 4-hourly chart.

The market is trading in the descending channel, but this is just a pullback against the bullish trend.

We anticipate the continuation of this current trend and the breakout of the channel.



-------------------

Share your opinion in the comments and support the idea with like. Thanks for your support!

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.