Open:
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Close:
ASCENDING TRIANGLE
Brent Oil
UKOIL
1H
It seems like an ascending triangle has been determined, the price requires a move as an information of a breakout.
An ascending triangle often spots extending an downtrend in case if price breaks out.
There is a chance of a bearish push down towards the 60.8 mark on a breach of 60.9.
ASCENDING CHANNEL
Gold
XAU/USD
1H
There is an ascending channel turning up.
An ascending channel can be thought of as a useful indicator that results in a further move down in case if price breaks out to the the downside.
A rangebound towards the 4280 level is probable once below 4290.
ASCENDING CHANNEL
Silver
XAG/USD
1H
There is an ascending channel arising and silver requires further active fall as a clue of a breakout.
When price breaks down, the resulting move could predict a sharp decline.
Silver to extend the fall towards 62 on a downside break as silver keeps the bid tone.
PENNANT
Crude Oil
USOIL
1H
As we can see the price shows a pennant and the price is ready to break out.
In case if price breaks out, the resulting move could identify an extension in the downward direction.
There is a probability of a further bearish move to 57.
ASCENDING TRIANGLE
Silver
XAG/USD
1H
It looks like an ascending triangle is close to being done and the price requires a more move as a clue of a breakout.
An ascending triangle describes a compelling price signal that can be used to predict a bullish move once price breaks out to the the upside.
Silver tests a move to 64.5 as silver becomes supported.
DESCENDING CHANNEL
Brent Oil
UKOIL
1H
There is a descending channel identified, the price demands a more active move as an information of a breakout.
In case if price breaks through the resistance, the move could predict a pause in a downtrending market.
Brent-oil to turn bullish towards the 62 level as minor hurdle remains at 61.8.
BEARISH FLAG
Platinum
XPT/USD
1H
There is a bearish flag developing.
A bearish flag describes a specific chart signal that spots a bearish price move when price breaks out to the the downside.
A bearish move to the 1700 mark looks likely.
ASCENDING CHANNEL
Silver
XAG/USD
1H
There is an ascending channel taking place, the price is ready to break out now.
An ascending channel can be thought of as a bearish price indicator that is used to indicate a temporary interruption during a rising market in case if price collapses through the support line.
There is a probability of a bearish price action to 63 on a breakout of the ascending channel.
FALLING WEDGE
Crude Oil
USOIL
1H
We can see that a falling wedge is close to being done and the price requests an active move to confirm a breakout.
A falling wedge identifies a technical formation that predicts a countertrend succeeding the current trend once price breaks through the resistance.
It is likely that a bullish continuation towards the 58.5 mark will be made as crude-oil probes 58.1 hurdle.
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