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UKOIL Preps to Face a Res-Test Near $90
CFDs on Brent Crude Oil
Long
UKOIL Preps to Face a Res-Test Near $90
By DigitalSurfTrading
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May 6, 2024
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May 6, 2024
UKOIL didn't have the strength to reach $94, but it seems that Bulls have not gotten the memo just yet. Perhaps a break above $90 reignites the path?
I'm doubtful, but we'll see. Failure to pass and hold levels above $90, will likely send UKOIL back to mid-high 70s (before the next major run).
blackgold
brent
Elliott Wave
Energy Commodities
energyprices
Crude Oil Brent
Wave Analysis
DigitalSurfTrading
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