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Brent Oil · UKOIL

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Brent Oil: Persegi

UKOIL, 1 jam    PEMBELIAN Okt 21
There is a rectangle appearing. A rectangle denotes a technical price action pattern that is used to spot a sharp rise if price breaks out. Brent-oil to resume its rise towards 62.

Brent Oil: Persegi

UKOIL, 1 jam    PENJUALAN Feb 23
We can see that a rectangle turns up. A rectangle typically indicates an extension in the downward direction when price breaks down. UKOIL could drop to 82 on a breakout of the rectangle.

Brent Oil: Kanal Menurun / Descending Channel

UKOIL, 4 jam    PEMBELIAN Okt 21
There is a descending channel coming out and brent-oil requests a bit more consolidation as an information of a breakout. A descending channel can be thought of as a specific price action pattern that is angled down that is used to signal a bullish move when price breaks above resistance. There is a possibility of a bullish push up to 62.

Brent Oil: Kanal Menurun / Descending Channel

UKOIL, 1 jam    PEMBELIAN Mar 30
It seems like a descending channel emerges and UKOIL requires a more steady move for the certainty of breakout. A descending channel is said to depict a reliable price action formation that can be used to identify a move up once price breaks out. It is not ruled out that a bullish run to the 79 zone will be made as the commodity probes 78.7 hurdle.

Brent Oil: Bendera / Flag Bullish

UKOIL, 1 jam    PEMBELIAN Mar 31
It seems like a bullish flag is detected. If price breaks above resistance, the move could spot a further move up. It is likely that a further bullish move to 79.5 will take place as door open for the continuation of the uptrend.

Brent Oil: Kanal Menanjak / Ascending Channel

UKOIL, 1 jam    PENJUALAN Feb 23
There is an ascending channel poping up and the price demands a next move for the certainty of breakdown. An ascending channel often predicts that the price to go down if price breaks out. UKOIL to slide towards 82.5 on a breach of 83 as the mood may get worse.

Brent Oil: Baji / Wedge Menurun

UKOIL, 4 jam    PEMBELIAN Okt 17
There is a falling wedge exposed. A falling wedge represents a specific chart pattern that is used to indicate a bullish move once price breaks out to the the upside. Brent-oil to recover bullish potential to 62.

Brent Oil: Kanal Menurun / Descending Channel

UKOIL, 1 jam    PEMBELIAN Okt 21
A descending channel is nearing completion, the price is about to break out now. Once price breaks out, the resulting move could identify the bears have run out of steam. Brent-oil to jump towards 61.2 as uptrend may continue.

Brent Oil: Kanal Menurun / Descending Channel

UKOIL, 1 jam    PEMBELIAN Okt 21
There is a descending channel determined, brent-oil calls for a further move as an indication of a breakout. A descending channel typically identifies a bullish move in case if price breaks out. Brent-oil turns bullish to the 61 level.

Brent Oil: Segitiga Naik

UKOIL, 1 jam    PEMBELIAN Mar 31
There is an ascending triangle discovered, UKOIL wants a bullish impulse as an indication of a breakout. An ascending triangle identifies a technical bullish chart pattern that is used to spot a further move up when price breaks out to the the upside. A bullish run towards 80 is about to happen on a breach of 79.4.

Brent Oil: Kanal Menurun / Descending Channel

UKOIL, 1 jam    PEMBELIAN Sep 23
It looks like a descending channel is almost done, the price is going to break out. If price breaks out, the move could identify that the price to go up. It is likely that a bullish price action to the 67 mark will occur on a breach of 66.4.

Brent Oil: Kanal Menurun / Descending Channel

UKOIL, 1 jam    PEMBELIAN Feb 21
As we can see a descending channel develops. When price breaks above resistance, the resulting move could predict a move up. There is a chance of a rangebound towards 83.5 as UKOIL nears 82.9 hurdle.
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