khashayarjamshidi

Crude Oil price is in an important area in W1 Time frame

TVC:UKOIL   CFDs on Brent Crude Oil
Right now the price has reached to the top of the descending channel and also an important resistance level ; BUT this movement from channel bottom to the top was very aggressive. So we have to wait and see the reaction to this Level and because of that I will not take any positions for now.