Open:
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Low:
Close:
EUR/USD: Bearish Flag
EUR/USD,
1 day
SHORT
Mar 29
As we can see the price forms a bearish flag and the price is ready to break out.
If price breaks through the support, the resulting move could spot a next move down.
There is a probability of corrective downside to the 1.075 mark on a breach of 1.078.
Bitcoin: Descending Channel
BTC/USD,
1 hour
SHORT
Dec 11
There is a descending channel appearing, the price wants a more active move for clear breakout confirmation.
A descending channel often results in a bearish price move when price breaks below support.
BTC/USD risks extra losses towards 43500.
Ethereum: Ascending Channel
ETH/USD,
4 hours
SHORT
Aug 15
There is an ascending channel taking place, the price is close to breaking out now.
An ascending channel often results in that the price to go down if price breakdown occurs.
ETH/USD to extend its setback towards 1820 as ETH/USD nears 1840 hurdle.
Bitcoin: Ascending Channel
BTC/USD,
1 hour
SHORT
Feb 20
There is an ascending channel diagnosed.
An ascending channel often indicates the bulls have run out of steam if price breaks out to the the downside.
A bearish price action to 51600 looks probable while lower than 51800 as there is a chance for a downside correction.
Bitcoin: Descending Channel
BTC/USD,
1 day
LONG
Feb 8
The price shows a descending channel and BTC/USD wants a bigger bullish move as a signal of a breakout.
When price breaks above resistance, the move could signal that the price will rally further.
There is a chance of a bullish push up to the 46000 zone as the mood may improve.
Gold: Ascending Channel
XAU/USD,
1 hour
SHORT
Mar 1
It seems like XAU/USD establishes an ascending channel, the price requires an active move for the certainty of breakout.
An ascending channel identifies a reliable chart pattern that is angled up that results in a move down if price breaks below support.
It is not ruled out that a bearish move towards the 2045 zone will happen as XAU/USD becomes capped.
Gold: Descending Channel
XAU/USD,
1 hour
LONG
Feb 28
Ethereum: Bearish Rectangle
ETH/USD,
1 hour
SHORT
16 hours ago
There is a bearish rectangle materializing.
A bearish rectangle can be thought of as a bearish signal that spots the more likely potential of falling prices if price breaks out to the the downside.
ETH/USD opens door for a move to 3020 on a breach of 3040 as downtrend may continue.
USD/JPY: Rising Wedge
USD/JPY,
1 hour
SHORT
Oct 3
It seems like a rising wedge is close to being completed and USD/JPY asks for a move for the certainty of breakout.
A rising wedge provides a specific pattern that indicates prices are likely to keep falling downward in case if price breaks out.
Decline towards 149.6 stays on the cards.
USD/JPY: Descending Channel
USD/JPY,
1 hour
LONG
Apr 27
A descending channel happens and the price is about to break out.
A descending channel can be thought of as a reliable pattern that is used to identify a countertrend succeeding the current trend if price breaks through the resistance.
A further bullish continuation to 134 about to be made.
Ethereum: Descending Triangle
ETH/USD,
1 day
LONG
Feb 10
A descending triangle has been detected, ETH/USD requests a next bigger impulse up as an information of a breakout.
A descending triangle can be thought of as a technical chart pattern that can be used to signal a move up once price breaks above resistance.
ETH/USD to enjoy a considerable gain to 2600 on a breakout of the descending triangle as ETH/USD challenges 2480 hurdle.
USD/JPY: Descending Channel
USD/JPY,
1 hour
LONG
Feb 13
There is a descending channel noticed, the price is going to break out soon.
In case if price breaks out to the the upside, the move could signal a bullish move.
A bullish push up towards 149.6 is probable while above 149.48 as USD/JPY challenges 149.48 hurdle.