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PERSEGI
Brent Oil
UKOIL
1H
A rectangle is determined and brent-oil lacks a further active move as an indication of a breakdown.
A rectangle is said to depict a technical formation that often identifies a further move down in case if price breaks through the support.
Brent-oil to extend its slide towards 68.5 as the commodity is at a brink of a bearish breakout.
BAJI / WEDGE MENAIK
Brent Oil
UKOIL
4H
It seems like a rising wedge is nearing completion and brent-oil expects a further active move for clear breakdown confirmation.
When price breakdown occurs, the move could indicate an extension in the downward direction.
A move to the 69 mark is possible on a breach of 69.6.
BAJI / WEDGE MENAIK
Brent Oil
UKOIL
1H
A rising wedge is very close to being completed and the price is about to break out.
When price breakdown occurs, the resulting move could spot a further move down.
Brent-oil looks for a setback towards 69.5 on a downside break.
SEGITIGA NAIK
Brent Oil
UKOIL
4H
An ascending triangle has been uncovered and brent-oil requires a next move as a signal of a breakout.
When price breaks above resistance, the resulting move could indicate a bullish price move.
It is possible that a further bullish run towards 70 will take place.
BENDERA / FLAG BULLISH
Brent Oil
UKOIL
1H
There is a bullish flag turning up.
A bullish flag provides a technical indicator that can be used to identify a downward trend is nearing its end when price breaks out to the the upside.
It is not ruled out that a bullish price action towards the 69.6 zone will form once beyond 69.35.
SEGITIGA NAIK
Brent Oil
UKOIL
1H
As we can see an ascending triangle comes out.
An ascending triangle is a useful price action formation that can be used to identify the bulls have run out of steam in case if price breaks through the support.
It is likely that a bearish push down towards the 68.5 zone will take place as the commodity nears 69.1 hurdle.
SEGITIGA NAIK
Brent Oil
UKOIL
1H
There is an ascending triangle appearing.
An ascending triangle spots an extension in the downward direction once price breaks below support.
Brent-oil embarks on a bearish correction towards 68.5 on a breach of 69.
PANJI / PENNANT
Brent Oil
UKOIL
4H
There is a pennant detected.
A pennant is a compelling price action signal that can be used to spot that the price to go long in case if price breaks out.
Brent-oil risks a move towards the 70 mark.
PANJI / PENNANT
Brent Oil
UKOIL
1H
Brent-oil composes a pennant.
A pennant is said to depict a compelling price action indicator that can be used to identify a bullish price move once price breaks through the resistance.
Brent-oil risks a move to 69.
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