Open:
High:
Low:
Close:
DESCENDING CHANNEL
EUR/USD
1H
A descending channel materializes.
A descending channel denotes a signal that can be used to identify that prices are likely to keep rallying upward when price breaks through the resistance.
A bullish continuation to 1.17 is going to happen as the currency pair becomes supported.
DESCENDING CHANNEL
GBP/USD
1H
There is a descending channel revealed and gbpusd expects a further active move for the certainty of breakout.
When price breaks above resistance, the resulting move could signal a next move up.
Gbpusd to push up to the 1.352 zone.
ASCENDING TRIANGLE
Bitcoin
BTC/USD
1H
An ascending triangle arises and the price breaks out now.
An ascending triangle is a bearish chart formation that often identifies that the price to go short when price breaks through the support.
There is a possibility of corrective downside to 77000.
FALLING WEDGE
EUR/USD
4H
It seems like a falling wedge has been observed.
A falling wedge suggests a reliable bullish price formation that is angled down that is used to predict a downward trend is about to reverse into an upnward trend once price breaks out.
Eurusd looks north towards 1.175 amid the currency pair reclaims part of the ground lost.
BEARISH RECTANGLE
EUR/USD
1H
A bearish rectangle is distinguished.
In case if price breaks down, the move could predict a sharp decline.
There is a chance of extra downside to 1.168.
BULLISH FLAG
Bitcoin
BTC/USD
1H
It looks like a bullish flag is close to completion.
In case if price breaks out to the the upside, the move could predict that the price to go up.
Btcusd pushes higher to 78500.
BULLISH FLAG
Ethereum
ETH/USD
1H
There is a bullish flag forming.
When price breaks out, the resulting move could predict a further move up.
Ethusd to look for a further push to 2340 on a upside break.
RECTANGLE
GBP/USD
1H
It seems like a rectangle has been found and the price is ready to break out soon.
If price breaks below support, the resulting move could signal that the price to go down.
There is a probability of a bearish move towards the 1.348 zone on a downside break.
RISING WEDGE
Ethereum
ETH/USD
4H
There is a rising wedge developing and the price is breaking out.
A rising wedge denotes a compelling bearish price action indicator that often predicts a move down once price breaks down.
Ethusd to plummet to 2300 as outlook for the cryptocurrency stays negative.
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