zoom on the triangle break Ukoil
the break defined a steep trend. I'll monitor these trends to see if a reverse move happens. Considering the fact that this pattern required a fairly long period to be formed, plus the price has bounced over a very strong support and resistance range defining a new probable ascending trend.
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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.