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Brent Oil · UKOIL

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Brent Oil: Canal descendente

UKOIL, 4 horas    LARGO Jul 5
There is a descending channel occuring and the price is close to breaking out. If price breaks out to the the upside, the resulting move could signal a temporary interruption during a falling market. It is not ruled out that a further bullish run towards 77 will occur as UKOIL nears 76.4 hurdle.

Brent Oil: Bandera Bajista

UKOIL, 1 día    CORTO Oct 1
It looks like a bearish flag develops and the price is about to break out. In case if price breakdown occurs, the move could indicate a break in the price direction. Brent-oil to prolong the corrective phase to the 65 level on a breakout of the bearish flag.

Brent Oil: Canal descendente

UKOIL, 1 hora    LARGO Ene 11
There is a descending channel forming. A descending channel denotes a pattern that is angled down that often identifies a change in the prevailing trend in case if price breaks out. A further bullish run towards 78.5 looks possible while above 78.3.

Brent Oil: Rectángulo

UKOIL, 1 hora    CORTO May 30
It seems like a rectangle has been found, the price lacks more fall as a verification of a breakout. A rectangle identifies a next move down once price breakdown occurs. There is a probability of a rangebound towards 76.2 on a downside break.

Brent Oil: Bandera Bajista

UKOIL, 1 hora    CORTO Oct 16
There is a bearish flag materializing, the price lacks a further active move to confirm a breakout. A bearish flag spots a bearish price action when price breaks through the support. A bearish push down towards the 62 zone is probable while lower than 62.1.

Brent Oil: Cuña ascendente

UKOIL, 1 hora    CORTO hace 30 horas
There is a rising wedge coming out, the price breaks out soon. A rising wedge identifies a chart pattern that is used to predict a bearish price action if price breakdown occurs. It is likely that a bearish move towards 62.2 will be made on impulse below 62.4 amid rising bets for the move.

Brent Oil: Triángulo descendente

UKOIL, 1 hora    LARGO Oct 20
We can see that a descending triangle arises. A descending triangle results in the bears have run out of steam when price breaks above resistance. Brent-oil opens door for a move to 61.

Brent Oil: Cuña ascendente

UKOIL, 1 hora    CORTO Feb 20
A rising wedge comes out and the price lacks next push down as a clue of a breakout. A rising wedge denotes a technical price action pattern that can be used to identify that the price to go short once price breaks out. It is possible that a bearish continuation towards the 82.5 mark will be made as sell-off may continue.

Brent Oil: Bandera Bajista

UKOIL, 4 horas    CORTO Oct 10
A bearish flag materializes, the price is ready to break out. A bearish flag denotes a specific bearish indicator that often identifies the bulls have run out of steam in case if price breaks down. Brent-oil to head towards the 63.5 mark on a downside break.

Brent Oil: Bandera Bajista

UKOIL, 1 hora    CORTO Nov 15
We can see that a bearish flag is determined, the price expects a more strong move as an indication of a breakdown. In case if price breaks through the support, the move could predict price reversal after a pause. UKOIL to slump to the 81 zone once below 82.2.

Brent Oil: Bandera alcista

UKOIL, 1 hora    LARGO Oct 12
A bullish flag takes place and the price calls for a next bigger move as a signal of a breakout. A bullish flag is said to depict a useful price indicator that identifies a break during a downtrending market once price breaks through the resistance. It is likely that a bullish price action to the 87.5 zone will be made.

Brent Oil: Triángulo ascendente

UKOIL, 4 horas    CORTO Nov 19
We can see that an ascending triangle has been identified and the price is about to break out soon. An ascending triangle is said to depict a technical price pattern that typically signals that the price to go short once price breaks through the support. Brent-oil to slump to 64 on a breakout of the ascending triangle as weakness continues.
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