A descending channel has been determined, UKOIL asks for a bit more consolidation for the certainty of breakout.
A descending channel identifies a bullish price move when price breaks above resistance.
UKOIL to turn bullish to 78.5 on a breakout of the descending channel as UKOIL becomes bid.
Brent Oil: Canal Ascendente
UKOIL,
1 hora
VIÉS DE BAIXA
Set 29
An ascending channel has been determined.
In case if price breakdown occurs, the resulting move could signal a tendency to break in the opposite direction.
It is possible that extra downside to the 68.5 mark will occur on a breakout of the ascending channel as the commodity becomes weaker.
Brent Oil: Canal Descendente
UKOIL,
1 hora
VIÉS DE ALTA
Out 12
As we can see a descending channel develops.
A descending channel often results in that the price to go up if price breaks out to the the upside.
UKOIL to resume its rise towards 87.
Brent Oil: Canal Descendente
UKOIL,
1 hora
VIÉS DE ALTA
Mai 23
It seems like UKOIL composes a descending channel and the price is close to breaking out.
A descending channel often spots a further move up if price breaks out.
It is not ruled out that a further bullish continuation to 76.5 will happen on a breakout of the descending channel as UKOIL nears 76.4 hurdle.
Brent Oil: Canal Descendente
UKOIL,
1 hora
VIÉS DE ALTA
Set 23
A descending channel emerges and the price needs more strong rise to confirm descending channel breakout.
If price breaks out, the move could predict a break in the price direction.
There is a possibility of a bullish push up to 67.5.
Brent Oil: Triângulo Ascendente
UKOIL,
1 hora
VIÉS DE BAIXA
Jan 8
There is an ascending triangle determined and the price expects a further strong move as a clue of a breakdown.
If price breaks out to the the downside, the move could indicate a next move down.
There is a possibility of a rangebound towards 78.
Brent Oil: Triângulo Ascendente
UKOIL,
1 hora
VIÉS DE ALTA
Dez 18
We can see that an ascending triangle materializes and the price requires a more strong bullish action as a sign of a breakout.
In case if price breaks above resistance, the move could identify that the price to go long.
UKOIL to jump to 77.5 as minor hurdle remains at 77.2.
Brent Oil: Canal Ascendente
UKOIL,
1 hora
VIÉS DE BAIXA
Mar 7
It looks like an ascending channel materializes and UKOIL requires a steady move for the certainty of breakdown.
An ascending channel signals the bulls have run out of steam in case if price collapses through the support line.
A bearish move to the 84.5 level looks likely on a breakout of the ascending channel as minor hurdle remains at 85.1.
Brent Oil: Canal Descendente
UKOIL,
1 hora
VIÉS DE ALTA
Out 13
A descending channel is very close to being completed.
A descending channel is believed to be a reliable price pattern that indicates a further move up when price breaks through the resistance.
UKOIL to grind higher to the 87.5 zone on a breach of 87.2.
Brent Oil: Triângulo Descendente
UKOIL,
1 hora
VIÉS DE ALTA
Mar 8
Brent Oil: Triângulo Simétrico
UKOIL,
1 hora
VIÉS DE ALTA
Set 25
A symmetrical triangle happens and the price requests a next bigger move as a sign of a breakout.
In case if price breaks out, the resulting move could signal that the price to go long.
Brent-oil to recover bullish potential towards 69.5.
Brent Oil: Canal Descendente
UKOIL,
1 hora
VIÉS DE ALTA
Out 6
A descending channel has been distinguished and the price requires a further active move as an indication of a breakout.
A descending channel tends to be a price action formation with a downward bias that typically spots that prices move counter to the prevailing price trend if price breaks through the resistance.
UKOIL to continue the appreciation trend to the 85 mark as downside pressure seen easing.
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Brent Oil · UKOIL