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Chibuike_Odoh

UKOIL - Double top pattern đź”˝.

Short
CFDs on Crude Oil (Brent) (FX:UKOIL)  
Chibuike_Odoh  
FX:UKOIL   CFDs on Crude Oil (Brent)
Trend Analysis Chart Patterns Technical Indicators Crude Oil Brent brent ukoil_usoil Oil
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trendanalysis chartpattern indicator ukoil brent ukoil_usoil oil
UKOIL is testing the descending channel resistance.
The market brokedown below the rising wedge support as expected from my previous analysis.
RSI is printing a bearish divergence signal.
Price action is printing a double top reversal pattern.
Breakdown below the double top neckline support could be a bearish signal ⬇️.

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Chibuike_Odoh
UKOIL - Price rejection of descending channel resistance đź”˝.
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