UKOIL's potential breakout!
UKOIL could potentially be trading in a rising wedge where if it breaks past its first support at 73.25 (100% Fibonacci extension, 23.6% Fibonacci retracement, horizontal overlap support), it could trigger a move downwards to its next support at 70.95 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap support).
Stochastic (21, 5, 3) is approaching its resistance at 98% where a potential reversal may occur.
Stochastic (21, 5, 3) is approaching its resistance at 98% where a potential reversal may occur.
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
Feragatname
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