UKOIL is trading in the descending channel .
The price action tested the resistance several times before that acted as support/resistance .
The market bounced off from the upper border of the channel and resistance, which is a confluence zone.
Price action created range at the resistance and we expect break and closed below it.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
The price action tested the resistance several times before that acted as support/resistance .
The market bounced off from the upper border of the channel and resistance, which is a confluence zone.
Price action created range at the resistance and we expect break and closed below it.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
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