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CANAL DESCENDANT
Or
XAU/USD
1H
We can see that a descending channel occurs.
A descending channel is a reliable price pattern that can be used to indicate the bears have run out of steam once price breaks out.
Gold turns higher towards 4500 on a breakout of the descending channel.
CANAL DESCENDANT
Argent
XAG/USD
1H
There is a descending channel revealed, silver expects a more active impulse up to confirm a breakout.
A descending channel provides a reliable price action formation with a downward bias that typically indicates that prices are likely to keep rallying upward when price breaks out to the the upside.
There is a probability of a further bullish push up to 75 on a breach of 74.
CANAL DESCENDANT
Crude Oil
USOIL
4H
There is a descending channel materializing, the price asks for a next strong move as a verification of a breakout.
A descending channel identifies a reliable formation that often indicates a breakout higher when price breaks out to the the upside.
Crude-oil embarks on a bullish correction to 95 as indicators favor bulls.
CANAL DESCENDANT
Crude Oil
USOIL
1H
A descending channel develops, the price is close to breaking out.
A descending channel typically identifies a further move up when price breaks out to the the upside.
Crude-oil to strengthen to the 91 mark once above 90.5.
CANAL DESCENDANT
Brent Oil
UKOIL
4H
Brent-oil composes a descending channel and brent-oil demands a next move as an indication of a breakout.
A descending channel predicts a change in the prevailing trend if price breaks through the resistance.
It is likely that a bullish continuation to the 100 mark will happen on a breakout of the descending channel.
CANAL ASCENDANT
Crude Oil
USOIL
1D
There is an ascending channel diagnosed.
An ascending channel is said to depict a price pattern that typically predicts an upward trend is about to reverse into an downward trend in case if price breaks through the support.
It is possible that a move to the 85 mark will happen on a breach of 90 as bears looking for downside correction.
CANAL ASCENDANT
Platinum
XPT/USD
1D
An ascending channel arises and platinum demands more fall for the certainty of breakout.
Once price breaks down, the resulting move could indicate a potential bearish reversal in price action.
There is a probability of a rangebound towards 1900 on a breach of 1920.
CANAL DESCENDANT
Brent Oil
UKOIL
1H
As we can see brent-oil composes a descending channel, the price calls for a more active bullish move as a clue of a breakout.
A descending channel spots a bullish move in case if price breaks out.
There is a chance of a bullish push up towards 94 on a breakout of the descending channel as uptrend may continue.
RECTANGLE BAISSIER
Brent Oil
UKOIL
1H
There is a bearish rectangle observed.
When price breakdown occurs, the move could spot a bearish price move.
A bearish push down to the 92 level looks possible as brent-oil keeps the bid tone.
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