We're on support and on the trendline and also we can find a triangle pattern. If will be the support and trend line broken, the price is on the way down. If we will break the triangle, we can expect big move up! We need to be aware of the down trend.
Good luck, good hunt.
Well, as you can see, the price should be better for entry, but it looks that we are on local resistence so I'm selling this. If you want you can wait for better entry but at this price its still great risk to reward ratio.
There will be nice short opportunity soon on TVC:UKOIL. Just wait on touch on trendline. Market target price is not recommended. It could go more down.
On 4H it looks like down trend but its local down trend. We are in up trend in the bigger picture. As you can see, the price is coming to the "strong support trendline" marked blue by myself. On this trend line we...