It seems like a descending channel emerges and UKOIL requires a more steady move for the certainty of breakout.
A descending channel is said to depict a reliable price action formation that can be used to identify a move up once price breaks out.
It is not ruled out that a bullish run to the 79 zone will be made as the commodity probes 78.7 hurdle.
Petróleo: Cuña ascendente
USOIL,
4 horas
CORTO
Oct 9
A rising wedge is almost finished, the price is going to break out now.
A rising wedge indicates a sharp decline in case if price breaks through the support.
Crude-oil tests a move towards the 62 zone on a breakout of the rising wedge.
Plata: Canal ascendente
XAG/USD,
4 horas
CORTO
Oct 17
We can see that an ascending channel is diagnosed and the price is close to breaking out now.
An ascending channel is considered to be a reliable bearish formation that has an upward slope that is used to identify a break in the price direction when price breaks through the support.
Silver looks south to 50 on a breach of 52.
Petróleo: Cuña descendente
USOIL,
4 horas
LARGO
Oct 21
There is a falling wedge encountered, crude-oil demands a more steady move as a sign of a breakout.
If price breaks out to the the upside, the move could indicate that the price to go up.
Crude-oil to strengthen to 58 as uptrend may continue.
Brent Oil: Bandera alcista
UKOIL,
1 hora
LARGO
Mar 31
It seems like a bullish flag is detected.
If price breaks above resistance, the move could spot a further move up.
It is likely that a further bullish move to 79.5 will take place as door open for the continuation of the uptrend.
Brent Oil: Canal ascendente
UKOIL,
1 hora
CORTO
Feb 23
There is an ascending channel poping up and the price demands a next move for the certainty of breakdown.
An ascending channel often predicts that the price to go down if price breaks out.
UKOIL to slide towards 82.5 on a breach of 83 as the mood may get worse.
Platinum: Triángulo ascendente
XPT/USD,
4 horas
LARGO
Nov 26
There is an ascending triangle found and the price requests a move as an information of a breakout.
An ascending triangle spots a further move up if price breaks out.
It is likely that a bullish push up towards 1600 will occur on a breach of 1580.
Plata: Cuña descendente
XAG/USD,
1 hora
LARGO
hace 10 horas
A falling wedge has been recognized.
A falling wedge is said to depict a specific chart formation that typically results in a move up if price breaks through the resistance.
It is possible that a move to the 57.5 level will take place while above 57.
Petróleo: Triángulo descendente
USOIL,
1 hora
CORTO
May 30
A descending triangle is diagnosed and USOIL requests a bigger correction to confirm a breakout.
When price breaks out to the the downside, the move could predict that the price to go short.
It is likely that a move to 71 will occur on a breakdown of the descending triangle.
Platinum: Triángulo descendente
XPT/USD,
1 hora
LARGO
hace 15 horas
There is a descending triangle developing and platinum demands a next active bullish impulse as an indication of a breakout.
A descending triangle results in that the price to go long in case if price breaks out to the the upside.
Platinum to move upward to 1660.
Oro: Canal descendente
XAU/USD,
1 hora
LARGO
Dic 13
A descending channel has been diagnosed.
A descending channel represents a specific bullish price formation that has a downward slope that predicts extending an uptrend once price breaks out to the the upside.
There is a probability of a bullish price action towards 2000 on a break above 1997.5.
Oro: Bandera Bajista
XAU/USD,
1 hora
CORTO
Ene 5
As we can see a bearish flag is close to completion.
A bearish flag is a reliable bearish formation that is used to signal that prices move counter to the prevailing price trend once price collapses through the support line.
XAU/USD risks further decline towards the 2046 mark on a breakdown of the bearish flag.
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