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DeGRAM
Nov 26, 2022 9:48 AM

DeGRAM | UKOIL confluence level  Short

BRENT CRUDE OILTVC

Description

UKOIL broke out of the ascending channel and sharply went down .

The market broke and closed below the support level, which became a resistance at $86.00. 

If price pulls back to the previous resistance level , then we look for a selling opportunity at the confluence level.



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Share your opinion in the comments and support the idea with like. Thanks for your support!
Comments
Tradersweekly
Thank you. We are also bearish on oil.
Leo-btm
same bais, good luck
TheNewsCrypto
Great Analysis, thanks for the update
Tolberti
I agree with you on OIL.
AtlasTrades
Nice UKOIL outlook mate, I mostly agree with you
wisemanofc
Great analysis !! check mine mate.
YMGroup
Great UKOIL analysis as usual :) thanks and I think it's correct idea
Michael_Winner
Keep sharing your great charts brother, agree about UKOIL
DeGRAM
Good luck in the markets and have a great weekend!
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