Open:
High:
Low:
Close:
DESCENDING CHANNEL
น้ำมันดิบ
USOIL
1H
There is a descending channel encountered, the price breaks out soon.
A descending channel typically predicts a next move up once price breaks through the resistance.
Crude-oil to move upward to the 69 mark.
DESCENDING TRIANGLE
น้ำมันดิบ
USOIL
1H
A descending triangle has been discovered.
A descending triangle denotes a useful formation that is used to signal an extension in the downward direction once price breaks below support.
It is possible that extra downside towards the 68 level will happen.
สี่เหลี่ยมผืนผ้า
น้ำมันดิบ
USOIL
4H
There is a rectangle appearing, crude-oil needs a further strong move as a clue of a breakdown.
When price collapses through the support line, the move could spot a bearish price move.
Crude-oil turns lower to the 68 zone.
สี่เหลี่ยมผืนผ้า
น้ำมันดิบ
USOIL
1H
A rectangle is almost done, crude-oil lacks a next impulse down as proof of a breakdown.
A rectangle denotes a technical indicator that signals a bearish price move once price breakdown occurs.
Crude-oil to fall to the 69.5 zone.
ASCENDING CHANNEL
น้ำมันดิบ
USOIL
1H
The price forms an ascending channel, crude-oil expects a next move to confirm ascending channel breakout.
In case if price breaks out, the resulting move could indicate a break in the price direction.
Crude-oil to maintain its negative tone towards 70 once below 70.2 as bears looking for downside correction.
DESCENDING TRIANGLE
น้ำมันดิบ
USOIL
4H
The price creates a descending triangle.
Once price breaks out to the the upside, the resulting move could identify extending an uptrend.
It is not ruled out that a bullish run towards the 71 level will happen on a breach of 70.6 as the commodity becomes supported.
BEARISH FLAG
น้ำมันดิบ
USOIL
1H
A bearish flag is encountered and the price is about to break out soon.
A bearish flag depicts an indicator that predicts a bearish move when price breaks below support.
A bearish push down towards 70 about to be made.
PENNANT
น้ำมันดิบ
USOIL
1H
It seems like a pennant is close to completion and the price expects a further move to confirm pennant breakout.
A pennant is a compelling chart indicator that is used to spot a bullish move if price breaks out to the the upside.
It is likely that a bullish continuation towards the 71 level will be made.
DESCENDING CHANNEL
น้ำมันดิบ
USOIL
1H
We can see that a descending channel arises and the price calls for a next move to confirm a breakout.
A descending channel often results in that the price to go long in case if price breaks out to the the upside.
There is a possibility of a move towards 71 on a breach of 70 as the commodity probes 70 hurdle.
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