Bandarsq

UKOIL Descending Wedge on Weekly Chart

FX:UKOIL   CFDs on Crude Oil (Brent)
Possible descending wedge pattern on weekly chart. Let's wait and see.
Comment: UKOIL price has just finished its 5th wave. if the falling wedge is valid the we expect the price to rise to test the upper trend. A breakout is expected then.
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