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AlexVisi

Short Brent (UKOIL)from 55.9 range (watch the yellow rectangle).

Short
CFDs on Crude Oil (Brent) (FX:UKOIL)  
AlexVisi  
FX:UKOIL   CFDs on Crude Oil (Brent)
Crude Oil Brent brent
6
0
ukoil brent
Oil reaches mid-term downtrend line (red dotted line) on positive news from OPEC, finishing ABC structure. RSI is on the new hi. So, IMHO, we should see new falling wave from the range, marked by yellow rectangle (55,9 - 56,6). Watch the price action.
First aim - 46,7
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