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CANAL ASCENDANT
Crude Oil
USOIL
1H
There is an ascending channel revealed.
An ascending channel depicts a compelling bearish price pattern that is used to identify an extension in the downward direction when price breaks out.
Crude-oil pulls back to the 84 zone.
TRIANGLE DESCENDANT
Crude Oil
USOIL
1H
A descending triangle turns up and crude-oil requests a further move as a verification of a breakout.
A descending triangle can be thought of as a useful bullish indicator that signals a bullish price action if price breaks out to the the upside.
Crude-oil opens door for a move towards 85.5.
RECTANGLE HAUSSIER
Brent Oil
UKOIL
1H
A bullish rectangle has been recognized, the price breaks out soon.
A bullish rectangle predicts a bullish price action in case if price breaks out.
Brent-oil to move up towards the 92.5 level amid rising bets for the move.
DRAPEAU HAUSSIER
Platinum
XPT/USD
4H
There is a bullish flag noticed and the price is going to break out soon.
A bullish flag indicates the bears have run out of steam in case if price breaks above resistance.
There is a chance of a move to 1800 on a breach of 1790 as indicators turn bullish.
DRAPEAU HAUSSIER
Argent
XAG/USD
4H
There is a bullish flag spotted and the price asks for a steady bullish action as an information of a breakout.
A bullish flag suggests a useful price action formation that has a downward slope that can be used to identify a bullish price move if price breaks out.
There is a probability of a bullish continuation towards 66 on impulse above 65.6 as bulls look for entries.
CANAL DESCENDANT
Or
XAU/USD
1H
There is a descending channel coming out and gold expects a bigger bullish action as a sign of a breakout.
In case if price breaks through the resistance, the move could identify a temporary interruption during a falling market.
It is possible that a further bullish push up towards 4420 will take place.
TRIANGLE SYMÉTRIQUE
Crude Oil
USOIL
1H
The price creates a symmetrical triangle.
When price collapses through the support line, the move could indicate the more likely potential of falling prices.
Crude-oil risks potential downside towards 84 as extra rangebound not ruled out.
CANAL ASCENDANT
Brent Oil
UKOIL
1H
An ascending channel has been discovered and the price is about to break out.
In case if price breakdown occurs, the resulting move could predict a move down.
It is possible that extra downside towards the 90.5 mark will happen.
CANAL DESCENDANT
Platinum
XPT/USD
1H
A descending channel is spotted, platinum demands active rise as proof of a breakout.
A descending channel depicts a price formation that has a downward slope that often signals a next move up when price breaks above resistance.
Platinum to extend its rebound to 1750 on a break above 1738 as minor hurdle remains at 1738.
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