An ascending channel is close to completion, USOIL wants a more active bearish action for the certainty of breakout.
An ascending channel provides a useful signal that typically identifies that the price to go short in case if price breakdown occurs.
USOIL still risks a move to the 73 zone.
Rohöl: Absteigender Kanal
USOIL,
1 Stunde
LONG
Jan 11
The price establishes a descending channel, the price expects a further move for the certainty of breakout.
A descending channel identifies a potential reversal in price action once price breaks above resistance.
USOIL to increase bullish potential towards the 73.5 level once beyond 72.9.
Rohöl: Rechteck
USOIL,
1 Stunde
SHORT
Aug 2
There is a rectangle emerging.
A rectangle is believed to be a reliable price action formation that identifies extending an downtrend if price breakdown occurs.
A bearish run to 81 is on the way.
Rohöl: Aufsteigender Kanal
USOIL,
1 Stunde
SHORT
Okt 9
An ascending channel has been identified, the price breaks out now.
An ascending channel often signals the more likely potential of falling prices if price collapses through the support line.
There is a possibility of corrective downside to 62 on a breakout of the ascending channel.
Rohöl: Aufsteigender Kanal
USOIL,
1 Stunde
SHORT
Aug 2
There is an ascending channel taking place.
An ascending channel is considered to be a specific price indicator that is used to predict that the price to go short once price collapses through the support line.
There is a chance of decline to 81.5 as USOIL becomes bearish.
Rohöl: Bärische Flagge
USOIL,
1 Stunde
SHORT
Mai 29
As we can see a bearish flag pops up and the price is about to break out now.
A bearish flag identifies a compelling bearish formation that can be used to signal a move down if price breaks down.
USOIL to prolong the corrective phase to 72.
Rohöl: Bärische Flagge
USOIL,
1 Stunde
SHORT
Okt 4
There is a bearish flag arising.
A bearish flag often identifies a bearish price action when price collapses through the support line.
USOIL pulls back to 88 on a downside break.
Rohöl: Bullische Flagge
USOIL,
1 Stunde
LONG
Mär 27
USOIL sets up a bullish flag, USOIL lacks a steady move as evidence of a breakout.
Once price breaks above resistance, the move could predict that the price to go up.
It is not ruled out that a bullish push up to 71 will form.
Rohöl: Aufsteigender Kanal
USOIL,
1 Stunde
SHORT
Jul 14
As we can see an ascending channel is diagnosed and the price requests a further steady move as a signal of a breakout.
An ascending channel spots a bearish move if price breakdown occurs.
It is not ruled out that a bearish push down to the 76.5 zone will happen.
Rohöl: Steigender Keil
USOIL,
1 Stunde
SHORT
Mär 23
There is a rising wedge taking place and the price is close to breaking out.
In case if price collapses through the support line, the resulting move could indicate a bearish move.
A rangebound towards the 70 zone about to be made.
Rohöl: Aufsteigender Kanal
USOIL,
1 Stunde
SHORT
Jun 8
An ascending channel has been spotted.
An ascending channel denotes a useful indicator that can be used to indicate a trend change to the downside in case if price breaks below support.
It is possible that a bearish move towards 72 will take place on a breach of 72.4.
Rohöl: Absteigender Kanal
USOIL,
1 Tag
LONG
Jul 6
A descending channel has been identified and USOIL wants bigger rise as evidence of a breakout.
A descending channel represents a chart pattern with a downward bias that predicts the bears have run out of steam when price breaks out to the the upside.
USOIL to continue the appreciation trend to the 74 level as outlook for USOIL stays positive.
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