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Bitcoin: Descending Channel
BTC/USD,
4 hours
LONG
Feb 26
A descending channel emerges and BTC/USD expects a more bigger move for clear breakout confirmation.
A descending channel denotes a bullish indicator that is used to spot a bullish move in case if price breaks out to the the upside.
It is not ruled out that a bullish push up to the 51800 zone will occur as the mood may improve.
EUR/USD: Descending Triangle
EUR/USD,
1 hour
SHORT
Apr 12
A descending triangle is diagnosed.
A descending triangle can be thought of as a specific signal that is used to signal a further move down if price breaks out.
EUR/USD looks for a setback to 1.07 once below 1.0704.
USD/JPY: Bullish Rectangle
USD/JPY,
1 day
LONG
Mar 20
There is a bullish rectangle turning up and USD/JPY wants a next steady move as a verification of a breakout.
A bullish rectangle is said to depict a compelling formation that predicts a sharp rise when price breaks through the resistance.
USD/JPY to increase bullish potential towards 152.
EUR/USD: Rectangle
EUR/USD,
1 hour
LONG
Nov 13
There is a rectangle observed and the price requests a further bigger bullish continuation as a sign of a breakout.
A rectangle depicts a useful bullish pattern that can be used to predict a sharp rise if price breaks out to the the upside.
EUR/USD pushes higher towards 1.071 on a upside break.
Crude Oil: Descending Triangle
USOIL,
1 hour
SHORT
May 30
A descending triangle is diagnosed and USOIL requests a bigger correction to confirm a breakout.
When price breaks out to the the downside, the move could predict that the price to go short.
It is likely that a move to 71 will occur on a breakdown of the descending triangle.
Bitcoin: Ascending Channel
BTC/USD,
1 hour
SHORT
2 days ago
It looks like the price shapes an ascending channel, the price is breaking out.
An ascending channel depicts a specific indicator that typically results in a sharp decline in case if price breaks through the support.
A bearish push down towards the 63500 zone is probable as bears looking for profit.
GBP/USD: Bearish Rectangle
GBP/USD,
1 hour
SHORT
Apr 12
As we can see the price forms a bearish rectangle, GBP/USD wants a next bearish action for clear breakout confirmation.
A bearish rectangle is believed to be a technical bearish price pattern that predicts prices are likely to keep falling downward if price breaks out to the the downside.
Decline towards 1.25 looks likely while lower than 1.2515.
Ethereum: Rectangle
ETH/USD,
4 hours
SHORT
Mar 15
It seems like the price forms a rectangle, the price calls for a bigger correction to confirm a breakdown.
A rectangle tends to be a reliable price pattern that often identifies a bearish move in case if price collapses through the support line.
A move towards the 3700 mark is a possibility.
Gold: Descending Channel
XAU/USD,
1 hour
LONG
Dec 13
A descending channel has been diagnosed.
A descending channel represents a specific bullish price formation that has a downward slope that predicts extending an uptrend once price breaks out to the the upside.
There is a probability of a bullish price action towards 2000 on a break above 1997.5.
Gold: Bearish Flag
XAU/USD,
1 hour
SHORT
Jan 5
As we can see a bearish flag is close to completion.
A bearish flag is a reliable bearish formation that is used to signal that prices move counter to the prevailing price trend once price collapses through the support line.
XAU/USD risks further decline towards the 2046 mark on a breakdown of the bearish flag.
GBP/USD: Bearish Flag
GBP/USD,
1 hour
SHORT
Sep 20
There is a bearish flag revealed, the price is breaking out.
A bearish flag can be thought of as a technical bearish price action pattern with an upward bias that predicts a bearish price move in case if price breaks out.
A bearish move towards 1.237 is on the cards.
Bitcoin: Descending Channel
BTC/USD,
1 hour
LONG
Feb 26
There is a descending channel distinguished, the price requires next steady push up as an indication of a breakout.
If price breaks out, the resulting move could spot a break in the price direction.
It is likely that a further move towards 52000 will form.