DeGRAM | UKOIL bird's eye view

UKOIL has reached the resistance level following the gap.

Price is testing the resistance zone at 88–89, the fibo cluster, and the channel's upper border, which is a dynamic resistance.

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

We anticipate a pullback to the consolidation zone.


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Chart PatternsSupport and ResistanceTrend Analysisukoilanalysisukoilsignal

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