gillyblore

OIL Daily - Potential double top

TVC:UKOIL   CFDs on Brent Crude Oil
The bull flag we identified is still in play BUT there is a potential double top developing that will be confirmed with a close below 60. However, we may get some sideways consolidation here, and a break above 70 will continue the original bullish thesis. In summary: Bullish >70 & Bearish <60

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.