OmidBK2003

UKOIL, NEEDS A PULLBACK ?!

TVC:UKOIL   CFDs on Brent Crude Oil
The current structure on the UKOIL chart, illustrates that the bearish phase is still not finished. A pullback to the gray supply area is highly expected due the validation that I got from the RSI divergence made by the 2H OB.
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.