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Ethereum: Descending Triangle
ETH/USD,
1 hour
LONG
Jul 2
A descending triangle is exposed, the price requires a next bigger bullish impulse as a signal of a breakout.
A descending triangle suggests a reliable bullish formation with a downward bias that is used to predict that the price to go long when price breaks out to the the upside.
ETH/USD to prolong the growth phase towards the 1930 level.
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: Bullish Flag
BTC/USD,
1 hour
LONG
Dec 8
It looks like a bullish flag arises, the price is close to breaking out soon.
A bullish flag is believed to be a specific indicator that is used to signal price reversal after a pause if price breaks out.
A rangebound towards the 43600 level is probable on impulse above 43500.
GBP/USD: Falling Wedge
GBP/USD,
4 hours
LONG
Dec 12
There is a falling wedge noticed and GBP/USD needs a next move as an information of a breakout.
A falling wedge results in a countertrend succeeding the current trend once price breaks out.
GBP/USD to strengthen to 1.26.
GBP/USD: Descending Channel
GBP/USD,
1 day
LONG
Feb 23
There is a descending channel noticed and the price is close to breaking out now.
A descending channel provides a specific pattern that is angled down that can be used to spot a breakout higher if price breaks out to the the upside.
GBP/USD to recover bullish potential towards the 1.27 zone once above 1.264 as GBP/USD becomes bullish.
Bitcoin: Descending Channel
BTC/USD,
1 day
LONG
6 days ago
It looks like the price composes a descending channel, the price is ready to break out soon.
When price breaks out, the resulting move could signal a move up.
BTC/USD risks a move to the 65000 level while above 63000.
Crude Oil: Descending Channel
USOIL,
4 hours
LONG
Feb 27
Gold: Descending Triangle
XAU/USD,
4 hours
LONG
May 1
A descending triangle has been diagnosed.
A descending triangle tends to be a compelling bullish indicator that signals a bullish price action if price breaks out.
It is possible that a further bullish price action to 2000 will occur.
GBP/USD: Bearish Flag
GBP/USD,
1 hour
SHORT
Mar 27
GBP/USD gives a bearish flag, GBP/USD wants more push down as an information of a breakdown.
A bearish flag represents a specific bearish signal that can be used to signal a further move down in case if price breaks out to the the downside.
GBP/USD to slump towards the 1.2615 zone on a break below 1.2618.
USD/JPY: Rising Wedge
USD/JPY,
1 hour
SHORT
Dec 7
There is a rising wedge detected.
A rising wedge provides a pattern that has an upward slope that is used to signal reversals in uptrends once price breakdown occurs.
USD/JPY does not rule out a move towards 147.1 on a downside break amid USD/JPY recedes from recent highs.
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.
Gold: Descending Triangle
XAU/USD,
1 hour
LONG
Dec 1
It seems like a descending triangle happens and XAU/USD requests a move to confirm descending triangle breakout.
A descending triangle often identifies extending an uptrend once price breaks out.
A rangebound towards the 2062 zone is likely to happen as XAU/USD resumes the upside.