Open:
High:
Low:
Close:
ASCENDING CHANNEL
Brent Oil
UKOIL
4H
There is an ascending channel emerging.
An ascending channel typically identifies a next move down once price breaks out to the the downside.
Corrective downside to the 63 level is going to happen amid brent-oil recedes from tops.
ASCENDING CHANNEL
Brent Oil
UKOIL
1H
We can see that an ascending channel is close to completion, the price wants a further bigger correction as a clue of a breakdown.
An ascending channel can be thought of as a specific indicator that is used to predict a next move down if price breaks through the support.
A rangebound towards 63.5 is about to happen.
PENNANT
Brent Oil
UKOIL
1H
A pennant appears and the price is going to break out.
A pennant often identifies a sharp decline if price breaks out to the the downside.
Brent-oil to prolong the corrective phase to 64 while lower than 64.3.
รูปแบบจั่วแบบขึ้น
Brent Oil
UKOIL
1H
It seems like a rising wedge is recognized.
A rising wedge often signals a temporary interruption of an existing trend when price breaks out to the the downside.
There is a chance of a bearish run towards the 64 level as bears look for entries.
ASCENDING CHANNEL
Brent Oil
UKOIL
1H
The price completes an ascending channel and the price asks for further bigger fall to confirm ascending channel breakdown.
In case if price breaks out to the the downside, the resulting move could signal that prices move counter to the prevailing price trend.
It is not ruled out that corrective downside to 64 will happen.
DESCENDING TRIANGLE
Brent Oil
UKOIL
1H
There is a descending triangle turning up.
A descending triangle is said to depict a useful price formation that predicts that the price will rally further if price breaks above resistance.
A bullish run towards 65 is about to happen.
ASCENDING CHANNEL
Brent Oil
UKOIL
1H
There is an ascending channel uncovered and the price is going to break out.
An ascending channel typically predicts extending an downtrend once price breaks through the support.
A bearish push down towards the 63 level is likely to happen as bears looking for profit.
PENNANT
Brent Oil
UKOIL
1H
We can see that a pennant appears and brent-oil expects a further move as a verification of a breakout.
When price breaks through the resistance, the move could predict an extension in the upward direction.
Brent-oil embarks on a bullish correction towards 65 as there is room for a upside correction.
จั่วขาลง
Brent Oil
UKOIL
4H
The price establishes a falling wedge, the price is going to break out now.
A falling wedge identifies a compelling price signal that often signals a pause in a downtrending market in case if price breaks above resistance.
Brent-oil to increase bullish potential to 65.
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