DeGRAM

DeGRAM | UKOIL bearish pressure

Short
TVC:UKOIL   CFDs on Brent Crude Oil
UKOIL dropped from the resistance at 88.00 and 87.00, which is a psychological level as well.

Price made lower lows and lower closes.

If the market retraces back to the resistance level at 86.00

We anticipate a pullback and bearish move since the market has dropped from this level before.


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