UKOIL looks like its gonna continue bearish correction after it broke out of the channel.
Comment:
Be careful with short trades around 42, we might see some correction before going down for more.
Comment:
We saw a strong rejection from around 42 as expected and made an update on what i see now on daily.
Comment:
Seeing how strong this last days move up was makes me think the correction might be over and we gonna start a big impulsive wave up.I will need a pretty good rejection now and price to come back fast below 46 to think otherwise.
