Traders, On the higher timeframe, UKOIL is reaching an FCP zone and is looking overstretched. It can take correction from this FCP (Fibonacci Confluence Zone) all the way max down to 50 dollars.
Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never rely on signals, do your own analysis and research too
✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums. ✅ Follow me for future ideas, trade set ups and the updates of this analysis ✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well -Vik
____________________________________________________ 📌 DISCLAIMER The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions. ____________________________________________________
Thanks for sharing