If price continues to fall in this manner, it seems corrective. Hence, one more up move is on the cards.
Expecting resumption of up trend. Currently, have to wait for price to unfold before taking any action.
Down trend is still dominant. Not interested in buying.
Selling momentum seems to be waning. Expect one more down move. Look out for price action to buy at bottom.
Watch price action before selling. Buying interest is present.
Down trend is still dominant. Buying interest is present.
Expecting one more move down before rise. Watch price action at bottom for buy.
A strong break up will invalidate setup
Expecting down move to continue.
Expecting UKOIL to continue with uptrend. Will be cautious if price continues to move down impulsively.
Must look out for price action before buying. Recent down move seems impulsive.