UKOIL Breakdown Below Support | Bearish Continuation Setup
UKOIL (Brent Crude Oil) is trading at 80.28 on the 2-hour timeframe, down 3.68%. The price has broken below a key support zone and is showing strong bearish momentum. If sellers maintain control, the pair may continue downward toward the projected targets in the coming sessions.
· 🟢 1st Project : 78.00
· 🟢 2nd Project : 76.50
· 🔴 Broken Support : 80.24 – 82.00
Live Headlines
· Oil Plunges on Demand Concerns – Crude extends losses as weakening global demand outlook and supply fears weigh on prices.
⚠️ Disclaimer : This analysis is for educational purposes only
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UKOIL (Brent Crude Oil) is trading at 80.28 on the 2-hour timeframe, down 3.68%. The price has broken below a key support zone and is showing strong bearish momentum. If sellers maintain control, the pair may continue downward toward the projected targets in the coming sessions.
· 🟢 1st Project : 78.00
· 🟢 2nd Project : 76.50
· 🔴 Broken Support : 80.24 – 82.00
Live Headlines
· Oil Plunges on Demand Concerns – Crude extends losses as weakening global demand outlook and supply fears weigh on prices.
⚠️ Disclaimer : This analysis is for educational purposes only
Support the idea
Boost | Comment | Share |
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