UKOIL Short

16 ก.พ. 2022

UKOIL on weekly timeframe broke previous high corrective in an expanding structure signaling a reversal to the downside. the break of the previous high is to trap most traders in thinking UKOIL is buying only to reverse to the downside impulsively taking them out. We are currently looking for a third touch of the ascending channel in the LTF'S to take a sell to the dowside.