There is a descending channel forming and the price is close to breaking out now.
A descending channel describes a useful bullish chart indicator that is used to indicate a next move up once price breaks out to the the upside.
USOIL risks a move to 73 on a breach of 72.4 amid USOIL reclaims part of the ground lost.
Rohöl: Absteigender Kanal
USOIL,
1 Tag
LONG
Jun 3
Rohöl: Fallender Keil
USOIL,
1 Stunde
LONG
Okt 19
A falling wedge is close to being complete.
When price breaks above resistance, the resulting move could spot that prices are likely to keep rallying upward.
USOIL tests a move to 87.5.
Rohöl: Absteigender Kanal
USOIL,
1 Stunde
LONG
Jul 7
There is a descending channel developing and the price is ready to break out now.
In case if price breaks above resistance, the move could indicate a bullish price move.
A bullish continuation towards the 72 zone looks probable as USOIL nears 71.9 hurdle.
Rohöl: Absteigender Kanal
USOIL,
1 Stunde
LONG
Mai 31
There is a descending channel discovered and the price wants a bit more consolidation as a signal of a breakout.
A descending channel describes a compelling price action indicator that can be used to spot that the price to go long when price breaks through the resistance.
USOIL does not rule out a move towards the 69 mark.
Rohöl: Absteigender Kanal
USOIL,
1 Stunde
LONG
Nov 28
As we can see a descending channel has been identified.
A descending channel identifies a useful price action indicator that is used to predict a next move up when price breaks out to the the upside.
USOIL could attempt a move towards 76 on a break above 75.7 as minor hurdle remains at 75.7.
Rohöl: Aufsteigendes Dreieck
USOIL,
1 Stunde
LONG
Aug 29
We can see that an ascending triangle is observed and the price calls for a more bigger move for clear breakout confirmation.
An ascending triangle tends to be a useful price action signal that often predicts that prices are likely to keep rallying upward if price breaks above resistance.
A further bullish move to 80.6 is probable on a breach of 80.5 as the commodity nears 80.5 hurdle.
Rohöl: Absteigendes Dreieck
USOIL,
1 Stunde
LONG
Jul 11
USOIL sets up a descending triangle.
A descending triangle results in reversals in downtrends in case if price breaks above resistance.
USOIL to accomodate towards 73.6 once above 73.4 as the commodity becomes supported.
Rohöl: Aufsteigender Kanal
USOIL,
4 Stunden
SHORT
Jan 31
It looks like an ascending channel turns up.
An ascending channel is said to depict an indicator that spots a bearish move in case if price breaks out to the the downside.
USOIL to slump to 76.
Rohöl: Fallender Keil
USOIL,
1 Stunde
LONG
Okt 13
It looks like the price develops a falling wedge and USOIL wants more steady push up as a clue of a breakout.
When price breaks out to the the upside, the resulting move could spot that prices are likely to keep rallying upward.
A rangebound towards 84.5 about to be made.
Rohöl: Aufsteigender Kanal
USOIL,
4 Stunden
SHORT
Mai 25
It looks like USOIL sets up an ascending channel and the price calls for more push down as evidence of a breakout.
An ascending channel can be thought of as a compelling chart indicator that can be used to predict a bearish price move in case if price breaks out to the the downside.
There is a chance of a bearish run to 71.
Rohöl: Absteigender Kanal
USOIL,
1 Stunde
SHORT
Apr 19
It seems like a descending channel has been encountered and the price is breaking out.
A descending channel describes a reliable formation that typically indicates the more likely potential of falling prices in case if price breaks through the support.
USOIL risks extending drop towards 80.2 on a breach of 80.3.
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