Hi All, UKOIL will make a judgement next week about its path. Two scenarios are possible Long: After the impulse, correction is completed by %61.8 level and new impulse should be expected. but i think it will not exceed previous impulse's top point because DXY seems to grow which will effect UKOIL in negative way. So after making a double top, i expect to fall.
Short: As seen on graph, there is negative divergence on RSI, not supporting the price.And also price is moving a rising channel but the third movement could not be completed(not enough momentum) so i expect it to fall. This week we will see all, watch for opportunities. I think it will fall. This is not a financial advice, take your own investing decisions.
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.