DeGRAM

DeGRAM | UKOIL short opportunity

Short
TVC:UKOIL   CFDs on Brent Crude Oil
UKOIL broke out of the ascending channel.

The price tested the psychological and resistance level of $85.00, then dropped.

The market formed a box after a bearish trend, and it may create a potential AB=CD pattern.

We anticipate a bearish continuation trade.


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