Open:
High:
Low:
Close:
ASCENDING CHANNEL
Brent Oil
UKOIL
1H
An ascending channel is close to completion.
Once price breaks out to the the downside, the move could signal that the price to go down.
Brent-oil to move downward to the 106 zone.
DESCENDING CHANNEL
Brent Oil
UKOIL
4H
A descending channel arises, the price breaks out soon.
A descending channel can be thought of as a formation that has a downward slope that is used to identify a further move up when price breaks above resistance.
Brent-oil to enjoy a considerable gain to 115.
สี่เหลี่ยมผืนผ้า
Brent Oil
UKOIL
1H
A rectangle forms, the price is breaking out.
A rectangle spots a further move up once price breaks above resistance.
Brent-oil to peak to 103 once beyond 102.6 amid rising bets for the move.
DESCENDING CHANNEL
Brent Oil
UKOIL
4H
A descending channel turns up and the price is breaking out.
A descending channel typically predicts that prices are likely to keep rallying upward when price breaks through the resistance.
Brent-oil to grind higher to the 110 level as brent-oil becomes bid.
BEARISH FLAG
Brent Oil
UKOIL
1H
There is a bearish flag revealed and the price is close to breaking out now.
A bearish flag often signals a bearish price action if price breaks below support.
It is likely that further decline towards the 100 level will occur.
สี่เหลี่ยมผืนผ้า
Brent Oil
UKOIL
1H
There is a rectangle encountered and brent-oil wants a strong move as evidence of a breakout.
In case if price breaks above resistance, the resulting move could signal a bullish price action.
Brent-oil to head towards 102.
DESCENDING CHANNEL
Brent Oil
UKOIL
1H
A descending channel is close to being done, the price asks for an impulse up as a sign of a breakout.
Once price breaks out, the resulting move could indicate that the price to go long.
Brent-oil embarks on a bullish correction towards 102.
ASCENDING CHANNEL
Brent Oil
UKOIL
1H
There is an ascending channel developing, the price is ready to break out soon.
An ascending channel represents a specific chart signal that can be used to spot that the price to go short in case if price breaks out.
There is a possibility of a move to the 96 zone as bears look for entries.
ASCENDING CHANNEL
Brent Oil
UKOIL
4H
There is an ascending channel detected, the price is breaking out.
An ascending channel identifies the more likely potential of falling prices once price breaks down.
It is not ruled out that a move to the 95 level will occur.
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