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TheHitman

Ascending triangle implying a breakout of UKOIL

Long
CFDs on Brent Crude Oil (TVC:UKOIL)  
TheHitman  
TVC:UKOIL   CFDs on Brent Crude Oil
Support and Resistance Triangle Oscillators Crude Oil Brent Oil oiltrading oilprice
4
0
supportandresistance triangle oscillator ukoil oil oiltrading oilprice
Hi Traders

Ascending triangle on UKOIL on the daily implies a breakout to the top. But fundamentals are might not backing it so the risk of a fake breakout is very relevant. I will make it dependend on the strength of the breakout candle wether I will enter a trade or not.
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