There is a descending channel emerging, the price is about to break out now.
A descending channel is believed to be a bullish price signal that is used to signal extending an uptrend once price breaks out.
USOIL to have better chances of advancing towards the 90.5 mark.
Petrolio greggio: Cuneo ribassista
USOIL,
1 ora
LONG
Mar 7
Petrolio greggio: Triangolo discendente
USOIL,
1 ora
SHORT
Mag 2
We can see that a descending triangle is nearing completion and the price requests a more steady move to confirm descending triangle breakout.
A descending triangle is believed to be a specific price indicator that typically identifies extending an downtrend when price breakdown occurs.
It is possible that a further bearish price action towards 74.8 will be made.
Petrolio greggio: Canale ascendente
USOIL,
1 ora
SHORT
Ott 23
There is an ascending channel appearing and the price expects a further active correction as evidence of a breakout.
An ascending channel results in price reversal after a pause in case if price breaks out.
USOIL to extend its setback towards the 86 mark on a breach of 86.8 amid rising bets for the move.
Petrolio greggio: Rettangolo
USOIL,
1 ora
LONG
Set 26
We can see that USOIL sets up a rectangle, the price is about to break out now.
A rectangle spots an extension in the upward direction when price breaks out to the the upside.
A further bullish move towards 91 is likely to happen while above 90.7 as minor hurdle remains at 90.7.
Petrolio greggio: Canale ascendente
USOIL,
4 ore
SHORT
Dic 1
We can see that an ascending channel arises and USOIL requests a bigger correction to confirm ascending channel breakout.
In case if price breaks out to the the downside, the resulting move could predict a potential reversal in price action.
USOIL could attempt a move towards the 74 mark as upside pressure mitigates.
Petrolio greggio: Cuneo rialzista
USOIL,
1 ora
SHORT
Mar 17
A rising wedge is close to being finished, the price is about to break out.
A rising wedge represents a technical signal that signals an upward trend is nearing its end when price breaks through the support.
There is a possibility of a bearish price action towards 68.5 on a breach of 69.1 as USOIL loses bullish momentum.
Petrolio greggio: Canale discendente
USOIL,
1 ora
LONG
Ott 12
As we can see the price establishes a descending channel.
A descending channel is considered to be an indicator that indicates a bullish price action in case if price breaks out to the the upside.
It is possible that a move to 85 will occur on a upside break.
Petrolio greggio: Canale ascendente
USOIL,
1 ora
SHORT
Mar 4
Petrolio greggio: Bandiera ribassista
USOIL,
1 ora
SHORT
Apr 25
It seems like a bearish flag has been found and the price is breaking out.
A bearish flag denotes a technical price action signal that typically indicates a next move down in case if price breaks through the support.
USOIL to accomodate towards 77 on a breach of 77.3.
Petrolio greggio: Cuneo rialzista
USOIL,
1 ora
SHORT
Feb 19
As we can see a rising wedge has been encountered and the price needs bigger pullback as a verification of a breakout.
A rising wedge identifies a useful pattern that is angled up that is used to indicate extending an downtrend when price breakdown occurs.
USOIL is at risk of extending its slump towards the 78.5 zone.
Petrolio greggio: Pennant
USOIL,
1 ora
LONG
Ott 20
There is a pennant appearing, the price calls for a strong impulse up as a clue of a breakout.
A pennant often spots the bears have run out of steam once price breaks through the resistance.
A bullish run towards the 57.2 level is possible on a breach of 57.2.
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