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Gold: Ascending Triangle
XAU/USD,
1 hour
LONG
Mar 28
We can see that XAU/USD develops an ascending triangle and the price is going to break out now.
An ascending triangle identifies a useful price action signal that can be used to identify a further move up in case if price breaks out to the the upside.
XAU/USD to look for a further push towards the 2220 level on a breach of 2216.
Gold: Descending Triangle
XAU/USD,
1 day
LONG
Feb 29
There is a descending triangle materializing and the price demands a next move as a sign of a breakout.
In case if price breaks above resistance, the move could indicate extending an uptrend.
XAU/USD to have better chances of advancing towards 2060.
Ethereum: Ascending Triangle
ETH/USD,
4 hours
LONG
Jun 30
There is an ascending triangle coming out and the price is about to break out soon.
When price breaks above resistance, the resulting move could indicate that prices are likely to keep rallying upward.
ETH/USD to push up towards the 2520 level while above 2500.
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: Pennant
XAU/USD,
4 hours
LONG
Mar 26
It seems like a pennant is close to being done, the price lacks a next move as a verification of a breakout.
A pennant identifies a useful signal that typically predicts the more likely potential of rising prices once price breaks out to the the upside.
XAU/USD points to the upside towards the 2190 zone on a breakout of the pennant as downside pressure alleviates.
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.
Ethereum: Descending Channel
ETH/USD,
1 hour
LONG
May 20
A descending channel arises, ETH/USD calls for a next move for clear breakout confirmation.
A descending channel is said to depict a compelling bullish price action indicator that often signals a breakout higher once price breaks out to the the upside.
It is not ruled out that a bullish push up to 3140 will take place on a upside break.
Ethereum: Descending Channel
ETH/USD,
1 hour
LONG
Jul 2
It looks like a descending channel is close to being completed, ETH/USD asks for a more active impulse up as a sign of a breakout.
In case if price breaks through the resistance, the resulting move could signal a temporary interruption of an existing trend.
It is possible that a bullish price action to 2480 will occur on a breach of 2455 as downside pressure alleviates.
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.
Crude Oil: Rectangle
USOIL,
1 hour
LONG
Oct 21
We can see that a rectangle arises and crude-oil demands a bit more consolidation as a verification of a breakout.
When price breaks through the resistance, the resulting move could identify the bears have run out of steam.
It is possible that a bullish run towards the 58 zone will take place.
Crude Oil: Descending Channel
USOIL,
1 hour
LONG
Oct 22
There is a descending channel turning up and crude-oil asks for a bigger move as a signal of a breakout.
A descending channel represents a compelling pattern that has a downward slope that is used to identify a further move up in case if price breaks out to the the upside.
Crude-oil does not rule out a move to 58.5 on a breakout of the descending channel.
Crude Oil: Descending Channel
USOIL,
1 hour
LONG
Oct 22
It looks like crude-oil shows a descending channel and the price demands an active move as evidence of a breakout.
A descending channel represents a reliable formation that is angled down that identifies reversals in downtrends if price breaks through the resistance.
Crude-oil to look for a further push to 58.5.