There is a descending triangle observed, the price calls for a more bigger move as an indication of a breakout.
When price breaks out to the the upside, the move could spot that the price to go long.
EUR/USD does not rule out a move towards 1.083 on a breakout of the descending triangle.
EUR/USD: Rising Wedge
EUR/USD,
1 hour
SHORT
Mar 15
A rising wedge happens, the price is about to break out.
A rising wedge indicates a next move down once price breakdown occurs.
It is not ruled out that a bearish run towards the 1.072 level will take place.
EUR/USD: Ascending Channel
EUR/USD,
4 hours
SHORT
Jan 29
An ascending channel is almost finished, EUR/USD requests a next active move as a verification of a breakout.
Once price collapses through the support line, the resulting move could indicate that the price to go short.
EUR/USD risks extra losses to the 1.082 mark.
EUR/USD: Rising Wedge
EUR/USD,
1 hour
SHORT
Jan 4
It looks like a rising wedge has been exposed.
A rising wedge identifies a signal that often results in a bearish move when price breaks through the support.
A bearish continuation towards 1.094 looks likely on a breach of 1.0945 as upside pressure alleviates.
EUR/USD: Ascending Channel
EUR/USD,
1 hour
SHORT
Dec 28
There is an ascending channel discovered.
An ascending channel tends to be a bearish price action formation with an upward bias that can be used to signal a bullish-to-bearish trend reversal in case if price breaks out.
EUR/USD to extend its slide to the 1.112 zone as EUR/USD becomes bearish.
EUR/USD: Descending Channel
EUR/USD,
1 hour
LONG
Oct 16
There is a descending channel determined and the price requests a next move as a sign of a breakout.
A descending channel often results in a countertrend succeeding the current trend once price breaks out to the the upside.
A bullish push up towards 1.054 is likely.
EUR/USD: Descending Triangle
EUR/USD,
1 hour
SHORT
May 18
There is a descending triangle emerging.
A descending triangle depicts a technical bearish price formation that is used to spot a bearish price move if price breaks through the support.
There is a possibility of a further move towards 1.081.
EUR/USD: Ascending Channel
EUR/USD,
1 hour
SHORT
Jan 9
An ascending channel pops up and the price needs further bigger pullback as a sign of a breakout.
An ascending channel is said to depict a useful price action formation that identifies a break in the price direction when price breaks out.
There is a possibility of decline to 1.094 on a break below 1.0952 amid the currency pair recedes from recent highs.
EUR/USD: Ascending Triangle
EUR/USD,
1 hour
LONG
Dec 19
It seems like an ascending triangle takes place, EUR/USD needs a next bigger move as an indication of a breakout.
In case if price breaks above resistance, the move could indicate that the price to go long.
It is not ruled out that a bullish run to 1.094 will be made.
EUR/USD: Descending Triangle
EUR/USD,
1 hour
LONG
Jan 12
A descending triangle has been detected.
A descending triangle identifies a technical indicator that is used to indicate a countertrend succeeding the current trend in case if price breaks out.
EUR/USD violates bearish trendline towards the 1.099 mark.
EUR/USD: Bearish Rectangle
EUR/USD,
1 hour
SHORT
Jul 24
As we can see a bearish rectangle is close to completion.
A bearish rectangle tends to be a specific bearish indicator that spots a bearish price action if price breaks below support.
EUR/USD to suffer a steeper decline to 1.11.
EUR/USD: Ascending Channel
EUR/USD,
1 hour
SHORT
Mar 14
EUR/USD develops an ascending channel and the price lacks a more strong move as proof of a breakout.
Once price breaks through the support, the resulting move could signal an upward trend is nearing its end.
There is a probability of a bearish price action to 1.094 on a breach of 1.0944.
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EUR/USD