DeGRAM | UKOIL bearish move from confluence level

٢٩ يناير ٢٠٢٤

UKOIL bounced off the resistance at 84.00 and the 127.2% fibo extension level.

Price created the bearish harmonic pattern after breaking out of the descending channel.

The current trend on the D chart is a pullback against the major trend.

We anticipate a pullback and bearish move.


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