UKOIL: Short from Resistance
已更新
As evident on 4Hr Time-Frame with formation of Bearish Cypher harmonic pattern 
UKOIL a reversal is possible.
Seasonal Analysis shows
JXY & 
DXY remain Bullish in January over 60% which have negative correlation with Oil. 
CXY on the other hand remain Bearish in January over 70% of times which indicates a low price of Oil.
TPs can be set as per Fib Lvls identified on chart and stop Loss on or above Point D of Cypher. It is my expectation that price action will retrace to 61.8% Fib level.
Manage your risk accordingly.
UKOIL a reversal is possible. Seasonal Analysis shows
JXY & DXY remain Bullish in January over 60% which have negative correlation with Oil. CXY on the other hand remain Bearish in January over 70% of times which indicates a low price of Oil. TPs can be set as per Fib Lvls identified on chart and stop Loss on or above Point D of Cypher. It is my expectation that price action will retrace to 61.8% Fib level.
Manage your risk accordingly.
交易结束：到达止损
With Changes in fundamentals of USD and JPY it was quite evident that this technical may fail in short run. So SL Hit and trade is officially closed.
相关出版物
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。