Open:
High:
Low:
Close:
Crude Oil: Rectangle
USOIL,
1 hour
SHORT
Feb 23
A rectangle comes out, the price breaks out soon.
A rectangle is considered to be a technical formation that typically identifies a bearish move in case if price breaks below support.
Decline towards 77.6 is about to happen on a break below 77.7 amid USOIL recedes from recent highs.
Gold: Ascending Triangle
XAU/USD,
1 hour
LONG
Feb 29
Crude Oil: Bearish Flag
USOIL,
1 hour
SHORT
Feb 23
It looks like a bearish flag has been diagnosed.
When price breaks down, the resulting move could indicate a bearish price move.
USOIL opens door for a move to the 78 zone.
Gold: Descending Channel
XAU/USD,
1 hour
LONG
Feb 29
Bitcoin: Rectangle
BTC/USD,
4 hours
LONG
4 days ago
The price establishes a rectangle.
A rectangle suggests a useful bullish price pattern that is used to signal a bullish price action once price breaks out.
BTC/USD to extend its rebound to 64000 as the cryptocurrency becomes supported.
USD/JPY: Rectangle
USD/JPY,
1 hour
SHORT
4 days ago
A rectangle has been encountered.
When price breakdown occurs, the resulting move could signal the bulls have run out of steam.
USD/JPY could drop to 156.1.
Crude Oil: Ascending Triangle
USOIL,
1 hour
SHORT
Feb 23
There is an ascending triangle identified and the price asks for a next move as a clue of a breakdown.
Once price breaks below support, the resulting move could indicate the more likely potential of falling prices.
A bearish continuation to 78 is about to happen.
GBP/USD: Ascending Triangle
GBP/USD,
4 hours
LONG
5 days ago
There is an ascending triangle detected.
In case if price breaks out to the the upside, the resulting move could indicate that the price to go up.
There is a chance of a move towards 1.26.
GBP/USD: Descending Triangle
GBP/USD,
1 hour
LONG
3 days ago
There is a descending triangle developing, the price is ready to break out.
If price breaks above resistance, the move could predict the bears have run out of steam.
A bullish move towards the 1.268 zone is a possibility as bulls lurking in demand zone.
Ethereum: Falling Wedge
ETH/USD,
4 hours
LONG
4 days ago
The price creates a falling wedge and the price calls for an active impulse up as proof of a breakout.
If price breaks out, the move could identify an interruption of a downtrend.
ETH/USD could attempt a move to 2950.
EUR/USD: Bearish Rectangle
EUR/USD,
1 hour
SHORT
Mar 28
There is a bearish rectangle spotted and the price requires a more active correction as a verification of a breakdown.
A bearish rectangle is believed to be a useful bearish pattern that typically indicates that the price to go down once price breaks out.
EUR/USD could attempt a move towards 1.0805 as outlook for the currency pair stays negative.
GBP/USD: Descending Channel
GBP/USD,
4 hours
LONG
5 days ago
As we can see a descending channel is very close to being completed, the price is close to breaking out.
A descending channel identifies the bears have run out of steam if price breaks out to the the upside.
It is likely that a rangebound to the 1.26 level will be made.