UKOIL weekly - Buy

Hello trader,
As we know there was good news for the oil and this what makes the oil bullish, the OPEC reduces the production and others.

when the oil closes this week above the white line. it is mean the price it will go to our target as in the chart.

Good luck.

Comment:

we are still waiting for the price to breakup the resistants as you see with below chart and then we can go to our target.

Goodluck.

Trade closed: target reached:

as you can see the UKOIL reach to our third targets and then we will close it now.