AS price seen on the indicator STOCH RSI, The price has went overbought now, however please notice clearly that it might retest on the 80.00 line, than go up to hit the supply zone which is the green thick line, than from there it will seem to proceed with the drop, to gain and know more info about whats going to happen with the UKOIL price, i will highly suggest you please go read in the latest info news about it. in this chart, im just keeping it simple with >technical analysis< only and just sharing my own thoughts on it, so please dont take my word for it all. With that been said, Trade Safely. dont rush in to enter, rather instead go check in smaller timeframes for the entry point and read into it with the news before entry.
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