🔸Hello traders, let's review the daily price chart for UKOIL. Speculative XABCD in progress, with 20% upside potential based on the current price action / fundamentals.
🔸XABCD structure is defined by point X at 95.60, point A at 73.20, point B at 92.50, point C at 77.00, point D/PRZ at 105.00, currently most points validated, point D/PRZ pending in May/June 2024 (PRZ/D = 105.00)
🔸Recommended strategy for UKOIL traders: accumulate near market price using low leverage. TP Bulls is 105.00 +20% gains. swing trade setup. good luck!
🎁Please hit the like button and 🎁Leave a comment to support our team!
RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.