A descending triangle turns up.
A descending triangle predicts that the price to go down once price breaks through the support.
USOIL risks extra losses towards 69.5 on impulse below 70.
Petróleo: Cuña descendente
USOIL,
4 horas
LARGO
Nov 26
There is a falling wedge forming and the price is about to break out.
A falling wedge identifies a breakout higher in case if price breaks out.
Crude-oil to accomodate towards the 59 mark once above 58.2 as downside pressure seen easing.
Petróleo: Banderín
USOIL,
4 horas
CORTO
Feb 1
It looks like a pennant takes place and the price is going to break out.
A pennant suggests a specific price action indicator that can be used to signal a further move down in case if price breaks down.
USOIL is bearish and en route to 75 as minor hurdle remains at 76.
Petróleo: Canal descendente
USOIL,
1 hora
LARGO
Oct 6
A descending channel takes place and the price expects a further move as a clue of a breakout.
A descending channel represents a useful bullish chart signal that identifies an extension in the upward direction when price breaks out to the the upside.
USOIL to peak towards the 83 level on a breakout of the descending channel.
Petróleo: Cuña ascendente
USOIL,
1 hora
CORTO
Feb 14
Petróleo: Canal descendente
USOIL,
1 hora
LARGO
May 23
It looks like a descending channel is almost done, USOIL asks for a further strong move as an indication of a breakout.
A descending channel is believed to be a specific bullish price pattern that is used to predict that the price to go long once price breaks out to the the upside.
It is not ruled out that a further rangebound to 73 will happen as door open for the continuation of the uptrend.
Petróleo: Rectángulo
USOIL,
1 día
LARGO
Sep 2
There is a rectangle revealed, the price expects a more active move for clear breakout confirmation.
A rectangle is said to depict a technical bullish price action formation that often signals that prices are likely to keep rallying upward if price breaks above resistance.
USOIL to move up towards the 86 level on a breakout of the rectangle as the commodity probes 84.5 hurdle.
Petróleo: Canal ascendente
USOIL,
1 hora
CORTO
Ene 31
There is an ascending channel discovered.
An ascending channel tends to be a chart pattern that is angled up that can be used to spot that the price to go short once price breaks down.
It is possible that a move towards the 76 level will happen.
Petróleo: Triángulo descendente
USOIL,
1 hora
CORTO
May 25
There is a descending triangle materializing, the price requests a bigger correction to confirm descending triangle breakout.
A descending triangle can be thought of as a reliable indicator that results in an extension in the downward direction if price breaks out.
There is a possibility of a bearish price action towards 73.2 while lower than 73.35.
Petróleo: Triángulo descendente
USOIL,
1 hora
LARGO
Jul 26
It looks like USOIL shapes a descending triangle, USOIL asks for a next active impulse up as an information of a breakout.
A descending triangle often predicts that the price will rally further in case if price breaks above resistance.
USOIL to jump to 79.2 on a breach of 79.1.
Petróleo: Canal ascendente
USOIL,
4 horas
CORTO
Feb 21
There is an ascending channel detected.
An ascending channel is a specific formation that often predicts an upward trend is about to reverse into an downward trend in case if price breaks through the support.
There is a possibility of a further rangebound to 76.
Petróleo: Canal ascendente
USOIL,
1 hora
CORTO
Oct 9
As we can see an ascending channel is close to being finished and the price is about to break out.
An ascending channel suggests a useful bearish chart indicator that can be used to indicate extending an downtrend in case if price breaks out.
A move towards the 61.5 mark looks probable while below 61.9 as the commodity becomes vulnerable.
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