Yuriy_Bishko
Long

UKOIL possibly will close the GAP!

TVC:UKOIL   CFDs on Brent Crude Oil
The price is inside the Triangle now.
It's a huge probability that it will continue to rise more and close the GAP level.
If you are in a buy position it's better to wait.
If you are not, the entry point for short term buy will be above the Triangle.

Push like if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Thanks for your support!
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Comments

Now, let's see what will happen in next 4h... US market opening. Push upward?
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sisapis sisapis
@sisapis, so far so bad.
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sisapis sisapis
@sisapis, whoa, what a stop-loss (long positions) killer wick
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Nice analysis...
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@nrmt2010, thank you
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Do you think it will go down after closing at GAP?
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Yuriy_Bishko MuhammadNaeemMalik
@MuhammadNaeemMalik, I think yes
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@Yuriy_Bishko, thanks Yuriy! What is S1 & S2?
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Yuriy_Bishko MuhammadNaeemMalik
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We have time to see a move till friday.
Yes, normally the gaps are getting closed.
But today I read how much oil is waiting on tankers to be stored, in spite of China's surge in consumption.
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