A descending channel has been identified.
A descending channel represents a compelling bullish price pattern that is angled down that can be used to identify a bullish price move when price breaks out.
Brent-oil to extend its advance to the 63 zone as the commodity nears 62.6 hurdle.
Brent Oil: Absteigender Kanal
UKOIL,
1 Tag
LONG
Jul 8
A descending channel has been detected, the price asks for a bullish action as a signal of a breakout.
A descending channel identifies a reliable price action indicator that can be used to indicate a bullish price move once price breaks through the resistance.
A move towards the 78 zone looks likely as there is room for a upside correction.
Brent Oil: Absteigender Kanal
UKOIL,
1 Stunde
LONG
Apr 11
A descending channel has been discovered, the price is ready to break out soon.
A descending channel often spots a bullish price action in case if price breaks out to the the upside.
UKOIL to peak to the 85 level while above 84.7.
Brent Oil: Rechteck
UKOIL,
1 Stunde
SHORT
Okt 11
A rectangle is distinguished and the price wants a next active bearish action as an information of a breakdown.
A rectangle indicates that the price to go down once price collapses through the support line.
UKOIL to move back to 87 on a breakdown of the rectangle.
Brent Oil: Aufsteigender Kanal
UKOIL,
4 Stunden
SHORT
Jan 30
There is an ascending channel diagnosed.
An ascending channel typically indicates a bearish price action once price breaks below support.
UKOIL turns lower to 82 on a break below 82.8.
Brent Oil: Aufsteigendes Dreieck
UKOIL,
1 Stunde
SHORT
Mär 4
Brent Oil: Rechteck
UKOIL,
1 Stunde
LONG
Sep 27
There is a rectangle distinguished and the price is going to break out soon.
Once price breaks out, the resulting move could identify the bears have run out of steam.
There is a chance of a bullish price action to 94.5 on a upside break.
Brent Oil: Aufsteigender Kanal
UKOIL,
1 Stunde
SHORT
Mai 24
An ascending channel is very close to being finished.
An ascending channel identifies a chart pattern that often indicates a bearish price action once price breakdown occurs.
Further decline towards 77 about to be made.
Brent Oil: Rechteck
UKOIL,
1 Stunde
SHORT
Mai 11
There is a rectangle materializing.
A rectangle provides a specific price action indicator that is used to spot that the price to go short once price breaks through the support.
There is a probability of a move towards the 75.5 level while lower than 76.
Brent Oil: Bullisches Rechteck
UKOIL,
1 Stunde
LONG
Jun 19
UKOIL shapes a bullish rectangle and the price is close to breaking out now.
A bullish rectangle denotes a compelling bullish indicator that can be used to spot a bullish price action once price breaks out to the the upside.
It is not ruled out that a rangebound towards 77 will be made.
Brent Oil: Aufsteigender Kanal
UKOIL,
1 Stunde
SHORT
Mai 29
An ascending channel is close to being done and the price requires a more move to confirm ascending channel breakdown.
An ascending channel is believed to be a bearish price pattern that has an upward slope that typically spots the bulls have run out of steam in case if price breaks through the support.
It is possible that a bearish push down towards 76 will happen as gains remain capped.
Brent Oil: Steigender Keil
UKOIL,
1 Stunde
SHORT
Jun 22
There is a rising wedge appearing, the price asks for fall as a signal of a breakout.
A rising wedge is a compelling bearish price signal that can be used to spot a further move down if price breaks through the support.
UKOIL set to fall towards 76 on a breach of 76.6 as the commodity challenges 76.6 hurdle.
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Brent Oil · UKOIL