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Ukoilanalysis

||UKOIL FLIRTING WITH 50.5X SELL OFF ? (CONTINUATION)We are into the 3rd week of 2021 after we had a bounce off 57 highs on oil the previous week huge trend line touch (3rd touch) crucial for a rejection to the downside with evidence of a continuation pattern( head and shoulders) with price selling off a solid 200 points as of last week Price is currently hovering around the neck of this H&S pattern and very likely to continue downwards as we head into New York session after we gained some momentum at the open. Potential targets are 1:9/10 risk reward position ,lets see how it fairs out .
TVC:UKOILShort
by da-bag
2
UKOIL - will be a breakdown trendtrend support may not be able to withstand. Two peaks show the reversal. what do you think? there will be a breakdown You will learn the best place where we can trade this instrument at low risk. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
TVC:UKOILShort
by Yuriy_Bishko
8
UKOIL - BRENT OIL - Sell - Daily ChartUKOIL - BRENT OIL - Sell - Daily Chart Sell @ Current Price approx 43.38 Sell @ Pull back to approx 44.18 Take Profit @ 38.88 Please share your opinion in the comments, and support the idea with a Like 👍 Thank you for your support 😊 Wishing you successful trading 🙏 ------------------------------------------------------------------------------------ 🔺 Disclaimer! The content of this analysis is subject to change at any time without notice. 🔺 It is provided for the sole purpose of assisting traders to make independent investment decisions. 🔺 You must do your own research to create your own trading plan for the market. ------------------------------------------------------------------------------------
TVC:UKOILShort
by UnknownUnicorn5418842