hey friends this is a you're Val and welcome to the new upate on Oasis as in my earlier videos I've been showing you that after breaking out a very big descending triangle on the 7 Days time frame chart Oasis has formed another falling wedge pattern and this was one of those videos and now if you take a look at the live weekly time frame chart then you can see that this was the descending triangle and now recently it has bounced very well from the support of another falling wed pattern this movie is by the way more visible on The Daily time frame chart and here you can see that uh for the past several days here on 23rd of January 2024 we found the support of vet here then we found the resistance here in the month of mar 2024 and now the movement is quite squee inside this fed therefore I'm expecting that soon it can break this pattern and in today's video we will analyze this move but before starting this analysis if you are not subscribed to my channel then do subscribe but and for more trading signals you can also join me and support me as a YouTube member or as a patreon member because there I'm sharing different trading signal for you and you can find the link to join me there in the vide description I've shared and if you would like to see how my trading signal works then I also share the link for the trading signal report for the previous month of July 2024 in the video description you just need to open that report and if you would like to check or verify any trading signal like this is the trade setup for XLR you just need to click on the link for the trade setup and it will take you to the trading views chart and on this chart you can see when I shared this signal like this trade setup I shared on 16th of July 24 and you can also want the complete trade setup as well like this was the buying Zone and the sell Target Zone and stop loss and in order to see how the price line moved after sharing this signal you need to click this button and after that it will show you how the price line moved up from the buying on and reached the sell Targets on now let me to take you to the live chart of Oasis and this is the daily time frame chart and here you can see that for the past several days is moving inside this falling R pattern we had a bounce here rejection bounce rejection and here we also had a fake out as well but the price and reentered the same B and then we had another bounce and now the price line is moving towards the resistance of this F this time the resistance will be approximately at 8.1 cents and slightly higher than this resistance of the falling wed pattern we will have a quite long-term resistance of 8.5 C if we take a look at the weekly time frame chart then you can see that this 8.5 Cent has been previously breaking as a very strong support here and resistance here and also support here as well let me to show you uh here you can see that after this rally we had rejection and the price and drop down here and tested the support and therefore again this 8.5 cents this level can break as a strong resistance even after breaking out this falling veg pattern and here we have a very strong and long-term support of 5 cents you can see that the price end is also getting bounc from the support of the 5 cents as well at the same time it's it is also bounc from the support of the wedge and also from the support of 5 cents and previously this 5 cents has been breaking as a very strong support here and support here and resistance here as well and now if we take a look at the Target in case of breaking out this F because this is a bullish B pattern therefore there are more chances for the breakout rather than breaking down the support of this fadge and the technical Target for the break out from this Vedge will be here at the top of the wedge that will be approximately at 18.5 and over there we have a lot of resistance you can see that previously this 18.5 cents has been working as a support here and after the breakout from this triangle you can see that we had a very very powerful rally but the price and got rejected by this resistance of 18.5 and therefore in order to continue this rally to the outside we will again need to break out this resistance of 18.5 cents and now if you take a look at the final Target for this breakout uh from this uh descending triangle that is happening here on this 7 Days time frame chart and the technical Target for this breakout is here that is approximately at 50 cents so this all the update so far I hope that you have liked the Elis then do hit the like and do subscribe to the channel as well and for more trading signals you can also join me and support me as a YouTube member where as a patreon member because there I'm sharing different trading signal for you and you can find the link to join me there in in the video description I've shared take care goodbye