UKOIL -short
My expectation are for the price to retrace to minimum 38.2% 35.90-36.00 correction on resent highs. Weekly candle manage to close bellow 50% correction from the move from 05.10.15, which give me two ideas.
A - More downs as AB=CD
B - Set up for a bat pattern
A - More downs as AB=CD
B - Set up for a bat pattern
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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.