The parallel Channels indicates that oil is in it's upper zone and will soon fall.
If the channel breaks.. well first of all i'll lose quite a lot of money since i shorted a little bit too early
But most importantly, we could be reaching for the 90's for UKOIL !
Im new to trading and will gladly receive any advice.
If the channel breaks.. well first of all i'll lose quite a lot of money since i shorted a little bit too early
But most importantly, we could be reaching for the 90's for UKOIL !
Im new to trading and will gladly receive any advice.
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It's going up for now and i closed all my positions until i can figure out what can happen next.