UKOIL approaching support at 21.35 where it could potentially rise further to 36.15. 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 21.35 where it could potentially react and bounce to its resistance at 1st resistance at 36.15. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
UKOIL bounced off 25.57 where it could potentially rise further to 39.46. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
UKOIL bounced off 25.57 where it could potentially rise further to 39.46. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
UKOIL bounced off 30.16 where it could potentially rise further to 48.35. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
56.00 is our checkpoint. OPEC will meet this week, don't forget. Keep safe!
Thanks for viewing. This is my first post on UKOIL after doing several on US crude. Long story short, these didn't have the chart price history that UKOIL has. The way I see the count now is that the 2016 to present rally is made up of waves (1) to (3) and we are somewhere in the wave (4) correction. The most recent August to October rally was a 3 wave...
The Brent crude oil prices will most likely aim for the $74:00 mark during the following trading session. The Middle East crisis will play a major role in driving the price higher in the shorter term.
Oil prices are gaining and after breaching 66.75 to the upside the market is looking to extend further towards 69.25. The 8/21 EMAs have turned positive and according to this indicator the market is back in an an uptrend.
Pattern continuation should bring the price up to prior resistance levels for a third retouch. Easy Money?... We'll see.
GARTLY FORM ON UKOIL H4 ... ENTRY... 60.50... TP1.. 61.24.. TP2.. 62.65.. TP3... 64.26.. SL... 59.25
The price of brent crude oil (UKOIL) seems to be moving in an uptrend of late. This is because Saudi Arabia decided to take matters into their own hands and cut production, forcing the market to drive prices up (basic economics of supply and demand!). This is also coming at a time when the whole world seems to have forgotten about the bear attack on oil last year...
This will be lovely when it develops, get onto it anyway you can, watch for price action...
Should be an easy few pips here... up to psych level at 70.00... We've had some higher highs and lows on the hourly and a nice 4h pinbar most recently.... enjoy...
HS Bottom reversal pattern confirmed . Resistance levels are marked.
Hi, Traders I am expecting one more upside because it is in a correction formation. Note: This is mere a idea not a trading signal to trade. Trade carefully ! Thank you for your support