UKOIL
Weekly ascending symmetrical triangle break down confirmed after failure to hold above $50.00 level. Looking for a retrace back down to value at $44.00 to retest first support levels. Failure to hold at that level would see it fall to next support at $37.00. Overall sentiment continues to be bearish.
UKOIL
Weekly ascending symmetrical triangle break down confirmed after failure to hold above $50.00 level. Looking for a retrace back down to value at $44.00 to retest first support levels. Failure to hold at that level would see it fall to next support at $37.00. Overall sentiment continues to be bearish.