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DeGRAM | UKOIL pullback against trend
CFDs on Brent Crude Oil
Short
DeGRAM | UKOIL pullback against trend
By DeGRAM
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Apr 2, 2023
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Apr 2, 2023
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 Patterns
Support and Resistance
Trend Analysis
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