DeGRAM | UKOIL pullback against trend

UKOIL is trading in the descending channel .

Price is testing the resistance level and psychological level at $80.00, which creates a confluence zone to short the market.

The market is making a pullback on the larger scale of the bearish trend.

We anticipate a trend continuation trade.


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Chart PatternsSupport and ResistanceTrend Analysisukoilanalysisukoilsignal

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