This is showing ascending triangle formation on 240 with the brief downside to $41.40 and then bounce back up after retesting the trend line at $41.40 to $45+.
This still holding on this bias.
If however the price action closes above $43.60 today, it might just rallying up.
Do you guys agree?
This still holding on this bias.
If however the price action closes above $43.60 today, it might just rallying up.
Do you guys agree?
Trade active:
As expected it reached the trend line and bounced back. I hope it pass above $43.60 which had proven strong resistance time and time again.
Long live the UKOIL!
Long live the UKOIL!