Open:
High:
Low:
Close:
ASCENDING TRIANGLE
USD/JPY
1H
An ascending triangle is very close to being finished.
An ascending triangle suggests a useful bearish price indicator that often identifies a bearish price move when price breakdown occurs.
There is a possibility of a further rangebound towards 159.2 as indicators favor bears.
SYMMETRICAL TRIANGLE
Crude Oil
USOIL
1H
There is a symmetrical triangle distinguished, the price is about to break out soon.
A symmetrical triangle often identifies an extension in the downward direction when price collapses through the support line.
There is a chance of decline towards 96.
PENNANT
Gold
XAU/USD
4H
It seems like gold builds a pennant, gold needs a more move as an information of a breakout.
A pennant signals a further move up when price breaks above resistance.
A bullish move to the 4800 zone is going to happen on a break above 4780.
BULLISH FLAG
Bitcoin
BTC/USD
4H
There is a bullish flag discovered and the price is breaking out.
A bullish flag signals a bullish move if price breaks out to the the upside.
It is possible that a further rangebound to 74000 will happen on a breach of 73800 as the cryptocurrency is at a brink of a bullish breakout.
ASCENDING CHANNEL
USD/JPY
1H
An ascending channel is close to completion.
An ascending channel suggests a price action signal that typically signals an interruption of an uptrend once price breaks through the support.
It is not ruled out that decline to 159.4 will take place.
DESCENDING CHANNEL
EUR/USD
1H
A descending channel is found.
A descending channel typically identifies that the price will rally further if price breaks through the resistance.
There is a chance of a bullish price action towards 1.174 on a upside break as extra rangebound not ruled out.
DESCENDING TRIANGLE
Gold
XAU/USD
1H
There is a descending triangle turning up and gold lacks a next move as proof of a breakout.
A descending triangle denotes a bullish signal that indicates that the price will rally further in case if price breaks out to the the upside.
Gold could attempt a move towards 4760 while above 4750.
ASCENDING TRIANGLE
GBP/USD
1H
There is an ascending triangle occuring, the price is about to break out soon.
An ascending triangle typically signals the more likely potential of rising prices when price breaks above resistance.
Gbpusd targets a move towards the 1.348 level.
DESCENDING CHANNEL
GBP/USD
1H
We can see that a descending channel has been recognized and gbpusd asks for a next bullish move to confirm descending channel breakout.
A descending channel typically indicates a bullish price action if price breaks through the resistance.
There is a probability of a move to the 1.348 zone.
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