UKOIL expected to reverse up to 1st support at 28.66 where it could potentially react and bounce to its resistance at 1st resistance at 30.67. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
UKOIL expected to reverse up to 1st support at 28.66 where it could potentially react and bounce to its resistance at 1st resistance at 31.12. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
UKOIL reversed off its resistance at 31.12 where it could potentially drop further to 28.66. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Ok guys, you know that I went long on UKOIL about a week ago, and now I’ll update you about my trade. If you missed my first call on UKOIL, follow me to keep in touch with my analysis and trades. Now, here’s my analysis when I long UKOIL (Apr 28): Why I long it? Simple, I saw a Piercing Line pattern near a support, and a Double Bottom in the hourly chart....
UKOIL reversed off its resistance at 32.21 where it could potentially drop further to 27.48. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
UKOIL reversed off its resistance at 29.19 where it could potentially drop further to 22.43. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
UKOIL expected to rise up to 1st resistance at 29.19 where it could potentially react off and drop down to 1st support at 22.43. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
UKOIL bounced off 22.43 where it could potentially rise further to . Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
There’re no surprises here, UKOIL is doing exactly what was supposed to do. In case you missed, in my previous analysis I pointed out that Piercing Line pattern, and if triggered, it’s a long trade. Here’s my last analysis: If you like faster trades, the hourly chart gave us a nice and very technical trade. Yesterday I pointed about this pattern, Adam & Eve...
UKOIL reversed off its resistance at 21.74 where it could potentially drop further to 13.54. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
UKOIL reversed off its resistance at 21.74 where it could potentially drop further to 13.54. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
UKOIL to climb from its upside confirmation at 21.74 where it could potentially bounce further to 29.19. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
UKOIL to climb from its upside confirmation at 21.99 where it could potentially bounce further to 29.19. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
UKOIL expected to reverse up to 1st support at 13.02 where it could potentially react and bounce to its resistance at 1st resistance at 21.99. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
UKOIL bounced off 25.24 where it could potentially rise further to 29.01. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
UKOIL bounced off 27.30 where it could potentially rise further to 30.65. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Transition between the 0.236 and 1.618 fib lines seems difficult for UKOIL as it plummets each time the transition occurs