Possible descending wedge pattern on weekly chart. Let's wait and see.
Note
UKOIL price has just finished its 5th wave. if the falling wedge is valid the we expect the price to rise to test the upper trend. A breakout is expected then.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.