DeGRAM | UKOIL continuation of trend at weekly low

TVC:UKOIL   CFDs on Brent Crude Oil
UKOIL is trading in the descending channel. Even though the market is bullish on the daily chart.

The market printed the pinbar at strong resistance. 

The market is making a pullback on the larger scale of the bullish trend.

We anticipate buying opportunity at completion of the AB=CD pattern at 91.00, which is a previously weekly low.


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