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 active
I hope my analysis can help you, and wish you success in trading. Good luck.
Trade closed manually
Cut losses. The oil will pump even more.
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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.