pler604

0.382 of long term channel - time to reverse

Short
FX:UKOIL   CFDs on Crude Oil (Brent)
UKOIL remains in long term channel with tops i VII`08, II`12 and VI`14. Bottoms from XII`08 and recent I`16. 0.382 of this channel was major support throughout 2015. Should it be a right place to reverse current upward trend?
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