khashayarjamshidi

Crude Oil price is in an important area in W1 Time frame

TVC:UKOIL   CFDs on Brent Crude Oil
Right now the price has reached to the top of the descending channel and also an important resistance level; BUT this movement from channel bottom to the top was very aggressive. So we have to wait and see the reaction to this Level and because of that I will not take any positions for now.

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