Almost the same as what will happen with WTI (USOIL), Brent (UKOIL) will experience a weekly price correction marked by the Overbought RSI indicator, and with a profit target of $73 in the Demand Zone.
Trade closed manually
Cut losses. The oil will pump even more.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.
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.