UKOIL has reached the resistance level following the gap.

Price is testing the resistance zone at 88–89, the fibo cluster, and the channel's upper border, which is a dynamic resistance.

The market is making a pullback on the larger scale of the bearish trend.

We anticipate a pullback to the consolidation zone.


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Chart PatternsSupport and ResistanceTrend Analysisukoilanalysisukoilsignal

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