As you can see on the chart. The Bat pattern I had indicated on my previous Post about UKOIL is valid, and the stock indeed went down. So now on the chart you can also see a string of Bullish candles which might indicate a potential Trend Reversal, but I am still waiting for confirmation as the most current bar is on the Indicated Resistance Line. But the stock Might also continue in the downtrend.
Note
I also forgot to change the Red Arrows, Sorry.Related publications
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Related publications
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.