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PANJI / PENNANT
Brent Oil
UKOIL
1H
A pennant is detected.
Once price breaks out, the move could signal a bearish price action.
It is not ruled out that a bearish price action to 62.6 will happen.
BAJI / WEDGE MENAIK
Brent Oil
UKOIL
4H
There is a rising wedge exposed.
A rising wedge represents a signal that is used to signal prices are likely to keep falling downward when price breaks out.
There is a possibility of a rangebound to the 62 mark.
BAJI / WEDGE MENAIK
Brent Oil
UKOIL
1H
There is a rising wedge coming out.
A rising wedge can be thought of as a price pattern that often identifies a countertrend succeeding the current trend if price breakdown occurs.
Brent-oil risks extra downside to 62.5 while lower than 63 as bearish momentum increases.
BAJI / WEDGE MENAIK
Brent Oil
UKOIL
1H
A rising wedge arises, the price demands a bigger correction to confirm rising wedge breakout.
A rising wedge describes a technical bearish chart formation that is angled up that can be used to indicate that the price to go down once price breaks out.
Brent-oil risks suffer setback to the 63 level on a breach of 63.2.
SEGITIGA NAIK
Brent Oil
UKOIL
4H
As we can see an ascending triangle is close to completion, brent-oil requests an active bullish impulse for the certainty of breakout.
An ascending triangle tends to be a compelling bullish price formation that often spots a sharp rise if price breaks out to the the upside.
Brent-oil turns higher to 64 as bulls lurking in demand zone.
PANJI / PENNANT
Brent Oil
UKOIL
4H
There is a pennant noticed.
A pennant results in a further move up once price breaks above resistance.
Brent-oil challenges a move to 64 as the commodity resumes the upside.
PANJI / PENNANT
Brent Oil
UKOIL
1H
Brent-oil gives a pennant and the price expects a next bigger impulse up as a clue of a breakout.
If price breaks out to the the upside, the resulting move could indicate a further move up.
Brent-oil to extend its rebound to 63 while above 62.5.
BAJI / WEDGE MENURUN
Brent Oil
UKOIL
1H
There is a falling wedge occuring and the price is ready to break out.
A falling wedge often indicates a break in the price direction once price breaks above resistance.
Brent-oil to extend its advance towards the 63 zone on a breakout of the falling wedge.
PERSEGI
Brent Oil
UKOIL
1H
It looks like a rectangle takes place and the price is ready to break out now.
A rectangle suggests a bearish price action pattern that identifies that the price to go down in case if price breaks out to the the downside.
It is possible that decline towards the 60.5 mark will occur.
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