thebody

UKOIL - Big head and shoulders?

Short
thebody Updated   
FX:UKOIL   CFDs on Crude Oil (Brent)

Looks like there is a "hidden" head and shoulder formation, if it plays out, price could take another big nose-dive south in the coming days & weeks.

I'm jumping on shorts here with huge risk to reward. Stops above 68.60. Take profit 65.
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