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PERSEGI
Brent Oil
UKOIL
4H
There is a rectangle identified.
A rectangle is a technical bearish chart signal that often signals an extension in the downward direction once price breaks out to the the downside.
Brent-oil turns lower towards 90 as risk reversal sheds bullish bias.
BAJI / WEDGE MENURUN
Brent Oil
UKOIL
1H
A falling wedge is close to being done, the price is ready to break out.
Once price breaks out, the move could predict a trend change to the upside.
There is a possibility of a bullish price action towards 93.
KANAL MENANJAK / ASCENDING CHANNEL
Brent Oil
UKOIL
4H
An ascending channel has been found, the price is ready to break out.
An ascending channel is said to depict a bearish chart pattern with an upward bias that indicates a bearish price action in case if price breaks out.
Brent-oil risks further decline towards 92 on a breakdown of the ascending channel.
BAJI / WEDGE MENURUN
Brent Oil
UKOIL
1H
It looks like a falling wedge is determined and the price is going to break out now.
A falling wedge identifies a bullish indicator that spots a temporary interruption of an existing trend if price breaks through the resistance.
It is likely that a rangebound to 93.5 will happen as extra rangebound not ruled out.
KANAL MENANJAK / ASCENDING CHANNEL
Brent Oil
UKOIL
1H
As we can see an ascending channel appears and the price is ready to break out now.
When price breaks out, the move could signal the bulls have run out of steam.
Brent-oil to head towards 92.5 while lower than 92.9.
KANAL MENANJAK / ASCENDING CHANNEL
Brent Oil
UKOIL
1H
There is an ascending channel noticed, the price requests further push down as a sign of a breakdown.
An ascending channel tends to be a specific chart indicator that is used to spot a bearish price move once price collapses through the support line.
Brent-oil risks extending drop to 93.
BAJI / WEDGE MENAIK
Brent Oil
UKOIL
4H
A rising wedge is determined, the price is ready to break out.
A rising wedge predicts prices are likely to keep falling downward in case if price breaks down.
A bearish run to 92 looks probable while lower than 93.5.
PANJI / PENNANT
Brent Oil
UKOIL
1H
There is a pennant developing, brent-oil requires further steady push up as an indication of a breakout.
A pennant is believed to be a specific bullish chart indicator that identifies a next move up when price breaks out to the the upside.
It is possible that a bullish continuation to 94.5 will be made on impulse above 94.
PANJI / PENNANT
Brent Oil
UKOIL
1H
There is a pennant materializing, the price is breaking out.
A pennant is believed to be a compelling signal that often results in a sharp decline if price breaks out to the the downside.
Brent-oil risks extra losses towards the 93 level as the commodity failes to keep gains.
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