UKOIL - Big head and shoulders?
Looks like there is a "hidden" head and shoulder formation, if it plays out, price could take another big nose-dive south in the coming days & weeks.
I'm jumping on shorts here with huge risk to reward. Stops above 68.60. Take profit 65.
Note
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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.