UKOIL daily XABCD bulls 20% upside BUY/HOLD

1 thg 4, 2024

🔸Hello traders, let's review the daily price chart for UKOIL.
Speculative XABCD in progress, with 20% upside potential based on the
current price action / fundamentals.

🔸XABCD structure is defined by point X at 95.60, point A at 73.20, point B
at 92.50, point C at 77.00, point D/PRZ at 105.00, currently most points validated,
point D/PRZ pending in May/June 2024 (PRZ/D = 105.00)

🔸Recommended strategy for UKOIL traders: accumulate near market
price using low leverage. TP Bulls is 105.00 +20% gains. swing trade setup. good luck!

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