Open:
High:
Low:
Close:
USD/JPY: Ascending Channel
USD/JPY,
1 hour
SHORT
13 hours ago
As we can see USD/JPY shows an ascending channel and the price demands a next steady move as a sign of a breakout.
An ascending channel typically results in a sharp decline when price breakdown occurs.
USD/JPY is at risk of extending its slump towards the 157.6 zone on a breach of 157.6.
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
Gold: Descending Channel
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.
Bitcoin: Rectangle
BTC/USD,
4 hours
SHORT
39 hours ago
There is a rectangle uncovered and the price is ready to break out.
A rectangle tends to be a technical bearish price action formation that can be used to identify a next move down in case if price breakdown occurs.
BTC/USD to maintain its negative tone towards 62000.
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 Channel
GBP/USD,
1 day
SHORT
Mar 22
There is an ascending channel arising.
An ascending channel often results in a bearish price action once price breaks down.
GBP/USD challenges a move to 1.26 on a breakout of the ascending channel.
Ethereum: Ascending Channel
ETH/USD,
4 hours
SHORT
43 hours ago
An ascending channel has been uncovered.
Once price breaks out to the the downside, the move could identify a further move down.
ETH/USD risks further decline to 3100 as sell-off may continue.
GBP/USD: Ascending Channel
GBP/USD,
1 day
SHORT
Apr 2
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.
Bitcoin: Pennant
BTC/USD,
1 hour
LONG
Oct 15
There is a pennant identified and the price wants a more move as an indication of a breakout.
A pennant can be thought of as a specific pattern that typically results in a bullish price move when price breaks out.
BTC/USD to have better chances of advancing towards the 26900 zone as BTC/USD becomes bid.