Get started
CFDs on Brent Crude Oil
Short
Updated

Weakness Observed, Expect Oil to retest Trend Line

223
UKOIL is seeing a Bearish Harami pattern as price tried to retest US$80.00 level. The failure to break previous resistance coupled with bearish candlestick pattern signals that UKOIL is experiencing weakness and will expect to retrace and re-test trendline at US$75.00. Next target at US$72.00.

Trade closed: target reached
Brandon_Leu
Candlestick AnalysisSupply and Demand

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Candlestick AnalysisSupply and Demand
Brandon_Leu

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.