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Yuriy_Bishko
Jul 13, 2020 9:36 AM

UKOIL possibly will close the GAP! Long

BRENT CRUDE OILTVC

Description

The price is inside the Triangle now.
It's a huge probability that it will continue to rise more and close the GAP level.
If you are in a buy position it's better to wait.
If you are not, the entry point for short term buy will be above the Triangle.

Push like if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Thanks for your support!

Comment

Comments
sisapis
Now, let's see what will happen in next 4h... US market opening. Push upward?
sisapis
@sisapis, so far so bad.
sisapis
@sisapis, whoa, what a stop-loss (long positions) killer wick
nrmt2010
Nice analysis...
Yuriy_Bishko
@nrmt2010, thank you
MuhammadNaeemMalik
Do you think it will go down after closing at GAP?
Yuriy_Bishko
@MuhammadNaeemMalik, I think yes
MuhammadNaeemMalik
@Yuriy_Bishko, thanks Yuriy! What is S1 & S2?
Yuriy_Bishko
sisapis
We have time to see a move till friday.
Yes, normally the gaps are getting closed.
But today I read how much oil is waiting on tankers to be stored, in spite of China's surge in consumption.
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