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CANAL ASCENDANT
Brent Oil
UKOIL
1H
An ascending channel has been revealed and the price is ready to break out now.
An ascending channel depicts a reliable formation that is used to identify reversals in uptrends in case if price collapses through the support line.
It is likely that a bearish move to the 66 level will occur on a breach of 66.2.
RECTANGLE
Or
XAU/USD
1H
There is a rectangle discovered.
A rectangle is believed to be a useful price signal that can be used to predict that the price to go long if price breaks through the resistance.
It is possible that a bullish push up towards 5120 will occur.
CANAL ASCENDANT
Platinum
XPT/USD
4H
There is an ascending channel noticed.
An ascending channel tends to be a technical chart indicator that can be used to identify that the price to go short when price breaks below support.
There is a probability of corrective downside towards the 2500 mark.
CANAL DESCENDANT
Brent Oil
UKOIL
1H
We can see that a descending channel forms, the price is about to break out soon.
A descending channel results in extending an uptrend once price breaks out.
There is a possibility of a further bullish continuation towards 65.4.
DRAPEAU HAUSSIER
Crude Oil
USOIL
1H
There is a bullish flag found and crude-oil wants a bit more consolidation for the certainty of breakout.
A bullish flag often signals a break during a downtrending market once price breaks out.
A further bullish price action to 61.2 is not ruled out on impulse above 61.
RECTANGLE
Brent Oil
UKOIL
4H
A rectangle is almost completed.
A rectangle identifies a specific price action pattern that is used to indicate a next move up in case if price breaks out to the the upside.
Brent-oil risks a move to the 66 mark on a breach of 65.4 as door open for a test of 66.
DRAPEAU HAUSSIER
Brent Oil
UKOIL
1H
A bullish flag emerges.
A bullish flag describes a useful chart signal that often predicts a temporary interruption during a falling market in case if price breaks out.
It is not ruled out that a bullish push up towards 65 will take place while above 64.9.
CANAL ASCENDANT
Brent Oil
UKOIL
1H
We can see that an ascending channel is close to being completed and the price is going to break out.
If price collapses through the support line, the resulting move could spot an upward trend is nearing its end.
A move to 64.5 is about to happen as gains remain capped.
CANAL ASCENDANT
Argent
XAG/USD
1H
There is an ascending channel coming out and the price needs a further move as a signal of a breakout.
When price collapses through the support line, the resulting move could signal an upward trend is nearing its end.
It is likely that a bearish continuation towards 100 will occur on a breakout of the ascending channel as indicators turn bearish.
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