$UKOIL - Conflicts, COVID, Sanctions, Triangle pattern

193
Hi guys! 👋🏻

🔔 Conflicts, military operations, sanctions, COVID seem to be the headlines of 2022

🔔 The bursts of conflicts globally looks so intense that they might be the main drivers of oil prices.

🔔 I really don't think that EU will embargo Russian oil but if they really do, BRENT will hop to $160 easy, which according to the chart here is very possible.

🔔 For now, I'm expecting a slight correction here with a potential on a jump to $123.

✊🏻 Good luck with your trades! ✊🏻
If you like the idea hit the 👍🏻 button, follow me for more ideas.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.