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||UKOIL FLIRTING WITH 50.5X SELL OFF ? (CONTINUATION)

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We are into the 3rd week of 2021 after we had a bounce off 57 highs on oil the previous week
ekran görüntüsü

huge trend line touch (3rd touch) crucial for a rejection to the downside with evidence of a continuation pattern( head and shoulders) with price selling off a solid 200 points as of last week



Price is currently hovering around the neck of this H&S pattern and very likely to continue downwards as we head into New York session after we gained some momentum at the open.

Potential targets are 1:9/10 risk reward position ,lets see how it fairs out .
İşlem kapandı: durdurma seviyesi

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.