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CANAL ASCENDANT
Brent Oil
UKOIL
4H
There is an ascending channel occuring and brent-oil expects a more impulse down to confirm ascending channel breakdown.
An ascending channel depicts a specific chart signal that often signals prices are likely to keep falling downward in case if price breaks out.
It is possible that extra downside to the 108 zone will form as the commodity nears 109.5 hurdle.
TRIANGLE DESCENDANT
Brent Oil
UKOIL
1H
A descending triangle is nearing completion.
Once price breaks through the support, the resulting move could identify prices are likely to keep falling downward.
Brent-oil risks potential downside towards 109 on impulse below 109.6.
CANAL DESCENDANT
Argent
XAG/USD
1H
The price sets up a descending channel and the price breaks out.
A descending channel predicts a tendency to break in the opposite direction if price breaks out to the the upside.
Silver to look for a further push towards the 54 level on a breakout of the descending channel as the commodity becomes supported.
TRIANGLE DESCENDANT
Or
XAU/USD
1H
It looks like a descending triangle is almost completed.
If price breaks out, the resulting move could indicate a next move up.
There is a possibility of a rangebound to the 4030 mark while above 4022 as the mood may improve.
CANAL DESCENDANT
Platinum
XPT/USD
1H
A descending channel is very close to being finished.
A descending channel describes a technical bullish indicator that results in reversals in downtrends in case if price breaks out to the the upside.
Platinum now looks to the 1540 level as bulls looking for upside correction.
CANAL DESCENDANT
Argent
XAG/USD
1H
It looks like a descending channel is almost done.
A descending channel often spots that the price to go long in case if price breaks above resistance.
There is a possibility of a further bullish run towards 54.
TRIANGLE DESCENDANT
Crude Oil
USOIL
1H
There is a descending triangle observed.
In case if price breaks out to the the upside, the move could identify a bullish move.
Crude-oil advances higher towards the 103 level while above 102.6 as crude-oil challenges 102.6 hurdle.
CANAL ASCENDANT
Or
XAU/USD
1H
We can see that an ascending channel occurs, the price requires further steady push down for the certainty of breakdown.
An ascending channel depicts a compelling price action indicator that is used to indicate a move down if price breakdown occurs.
Gold to extend the fall to 4000 as sell-off may continue.
FANION
Crude Oil
USOIL
1H
There is a pennant forming and the price expects a further bigger move to confirm a breakout.
In case if price collapses through the support line, the resulting move could spot extending an downtrend.
A bearish continuation towards 100 about to be made on a breakout of the pennant.
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