Open:
High:
Low:
Close:
DESCENDING CHANNEL
EUR/USD
1H
Eurusd creates a descending channel and the price requests bigger rise as a verification of a breakout.
When price breaks through the resistance, the resulting move could indicate that the price to go up.
Eurusd violates bearish trendline towards the 1.149 mark as downside pressure mitigates.
DESCENDING CHANNEL
EUR/USD
4H
A descending channel has been found.
A descending channel is considered to be a useful price formation that often identifies a further move up when price breaks above resistance.
Eurusd targets a move to 1.155 as eurusd probes 1.149 hurdle.
ASCENDING CHANNEL
USD/JPY
1H
There is an ascending channel diagnosed and the price demands a more bigger bearish action as a signal of a breakdown.
An ascending channel often spots a bearish price action when price collapses through the support line.
It is likely that a further bearish push down towards 157 will form once below 157.3.
DESCENDING CHANNEL
GBP/USD
1H
There is a descending channel uncovered, gbpusd demands a bit more consolidation as a sign of a breakout.
A descending channel is a specific bullish indicator that often signals reversals in downtrends once price breaks out to the the upside.
A bullish push up to 1.337 is a possibility.
DESCENDING TRIANGLE
GBP/USD
1H
A descending triangle has been detected and the price is about to break out soon.
A descending triangle is a useful bearish formation that is used to indicate a bearish move if price collapses through the support line.
There is a chance of decline to the 1.334 zone on a breakdown of the descending triangle as the currency pair probes 1.334 hurdle.
DESCENDING CHANNEL
Bitcoin
BTC/USD
4H
There is a descending channel detected and btcusd calls for a further steady impulse up for clear breakout confirmation.
A descending channel describes a compelling price action pattern that is angled down that is used to signal that the price to go long if price breaks above resistance.
Btcusd looks north to the 79000 zone.
RISING WEDGE
Gold
XAU/USD
1H
There is a rising wedge happening.
A rising wedge often results in a trend change to the downside if price breaks below support.
It is possible that a bearish run to 4380 will form.
DESCENDING CHANNEL
Ethereum
ETH/USD
4H
There is a descending channel materializing and ethusd demands a further strong move as a sign of a breakout.
A descending channel spots that prices move counter to the prevailing price trend in case if price breaks out.
Ethusd is bullish and en route towards the 2550 mark on a breakout of the descending channel.
ASCENDING TRIANGLE
EUR/USD
1H
Eurusd shows an ascending triangle.
An ascending triangle typically spots an extension in the downward direction in case if price breaks out.
Eurusd to continue lower to 1.148 as weakness continues.
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