Brent Oil
UKOIL
1H
There is a descending triangle identified, the price asks for a further bigger move for clear breakout confirmation.
A descending triangle denotes a useful bullish chart indicator that can be used to signal that the price will rally further in case if price breaks out to the the upside.
A bullish push up to the 89 zone is on the cards on a upside break as bulls look for entries.