Weakness Observed, Expect Oil to retest Trend Line

TVC:UKOIL   CFDs on Brent Crude Oil
TVC:UKOIL is seeing a Bearish Harami pattern as price tried to retest US$80.00 level. The failure to break previous resistance coupled with bearish candlestick pattern signals that TVC:UKOIL is experiencing weakness and will expect to retrace and re-test trendline at US$75.00. Next target at US$72.00.

Trade closed: target reached


Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out