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 |
Trade active
1st target almost done Trade closed: target reached
ALL TARGET DONE ALMOST
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.