$UKOIL - Conflicts, COVID, Sanctions, Triangle patternHi guys! 👋🏻
🔔 Conflicts, military operations, sanctions, COVID seem to be the headlines of 2022
🔔 The bursts of conflicts globally looks so intense that they might be the main drivers of oil prices.
🔔 I really don't think that EU will embargo Russian oil but if they really do, BRENT will hop to $160 easy, which according to the chart here is very possible.
🔔 For now, I'm expecting a slight correction here with a potential on a jump to $123.
✊🏻 Good luck with your trades! ✊🏻
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