UKOIL market shows divergence, and if the price closes below 78.00 by printing a double top , then we can look for a selling opportunity.

If the price breaks and closes below the 77 support level, the market will most likely go down.

We anticipate a down trade because the ascending channel is a pullback against the major bearish trend.


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Chart PatternsSupport and ResistanceTrend Analysisukoilanalysisukoilsignal

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