There is a rising wedge appearing, the price asks for fall as a signal of a breakout.
A rising wedge is a compelling bearish price signal that can be used to spot a further move down if price breaks through the support.
UKOIL set to fall towards 76 on a breach of 76.6 as the commodity challenges 76.6 hurdle.
Brent Oil: 디센딩 트라이앵글
UKOIL,
1 시간
숏
11월 7
A descending triangle has been uncovered.
A descending triangle is said to depict a bearish indicator that typically spots an extension in the downward direction when price breaks out to the the downside.
Corrective downside towards the 84.5 level is on the way as risk reversal sheds bullish bias.
Brent Oil: 어센딩 채널
UKOIL,
1 시간
숏
10월 30
There is an ascending channel occuring, the price is about to break out.
An ascending channel is believed to be a reliable chart signal that can be used to spot a countertrend succeeding the current trend if price breaks down.
UKOIL could extend its slump to the 88.5 mark.
Brent Oil: 폴링 웻지
UKOIL,
4 시간
롱
12월 12
There is a falling wedge determined.
A falling wedge suggests a specific signal that can be used to indicate the more likely potential of rising prices once price breaks out to the the upside.
It is likely that a further bullish price action to the 77 zone will take place on a breakout of the falling wedge as downside pressure alleviates.
Brent Oil: 베어리쉬 플래그
UKOIL,
1 시간
숏
12월 12
As we can see a bearish flag takes place.
In case if price breaks below support, the move could indicate the more likely potential of falling prices.
UKOIL points to the downside to 75.5 on a breach of 75.6.
Brent Oil: 디센딩 채널
UKOIL,
4 시간
롱
9월 24
There is a descending channel appearing.
A descending channel indicates a next move up if price breaks above resistance.
Brent-oil opens door for a move to 68 as the commodity challenges 67.8 hurdle.
Brent Oil: 어센딩 채널
UKOIL,
4 시간
숏
1월 29
There is an ascending channel poping up, the price requests a further correction as proof of a breakdown.
Once price breaks out, the move could spot a bearish move.
UKOIL set to fall to the 80 zone as UKOIL becomes under pressure.
Brent Oil: 디센딩 채널
UKOIL,
1 시간
롱
4월 11
There is a descending channel turning up, the price is close to breaking out.
When price breaks out, the move could predict a bullish move.
UKOIL to prolong the growth phase to the 86 zone.
Brent Oil: 어센딩 채널
UKOIL,
4 시간
숏
12월 27
The price composes an ascending channel, the price demands a further bigger move as a signal of a breakout.
An ascending channel is a specific price action formation that has an upward slope that often signals a further move down when price breaks out to the the downside.
Decline towards 79 looks likely.
Brent Oil: 디센딩 채널
UKOIL,
4 시간
롱
7월 4
UKOIL shapes a descending channel, the price calls for a more steady move as an indication of a breakout.
A descending channel provides a useful bullish price pattern that is angled down that indicates a next move up once price breaks out to the the upside.
UKOIL dives out bearish trendline towards 76 as the commodity becomes bullish.
Brent Oil: 디센딩 채널
UKOIL,
1 시간
롱
1월 11
As we can see a descending channel is distinguished, the price is breaking out.
A descending channel tends to be a reliable indicator that often identifies a bullish price move once price breaks above resistance.
A further bullish price action towards 78 is probable once beyond 77.8 as UKOIL becomes bullish.
Brent Oil: 불리쉬 네모
UKOIL,
4 시간
롱
8월 4
As we can see a bullish rectangle is encountered and UKOIL asks for a next strong bullish continuation as proof of a breakout.
A bullish rectangle is believed to be a bullish pattern that typically spots a next move up when price breaks through the resistance.
UKOIL targets a move to the 86 level on a breakout of the bullish rectangle.
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