- The weekly outlook for UK Oil looks very positive and promising
- The base is getting matured on the weekly whereas the Daily base has already matured
- As of now waiting for the base to form and enter once you see a low getting taken out by huge demand
- My Bias over this is straight bullish and nothing else to consider
The short-mid term low for UKOil seems formed and may test upper levels in coming sessions until green support line is intact on lower side.
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Happy Trading!
InvestPro India Team
