Possible Butterfly pattern spotted at UKOIL also known as Brent. Same pattern is spotted on WTI Light Crude but I prefer trading Brent in this occasion.
Currently, shorts are good to join on any correction to the top. SL: 51.60, TP1: 48.40, TP2: 47.10
Longs: entry point: 47.10, SL: 45.60. TP: 52.85