UKOIL formation. Preconditions for RECOVERY
UKOil , as a benchmark for market sentiment, is in a rollback phase after updating local tops and testing resistance at 76.63.
The downtrend channel is not broken and the trend remains relevant.
The price on Friday closes in the middle of the range, there is a possibility that the price will reverse to test the resistance.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad!
The downtrend channel is not broken and the trend remains relevant.
The price on Friday closes in the middle of the range, there is a possibility that the price will reverse to test the resistance.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad!
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