Open:
High:
Low:
Close:
SYMMETRICAL TRIANGLE
Ethereum
ETH/USD
1H
A symmetrical triangle is almost done and the price calls for a further active move as proof of a breakout.
A symmetrical triangle describes a compelling signal that typically predicts a next move up if price breaks out.
Ethusd to accomodate to 1980.
RISING WEDGE
USD/JPY
1H
Usdjpy sets up a rising wedge, usdjpy needs a bigger bearish continuation as an indication of a breakdown.
A rising wedge can be thought of as a chart pattern that is angled up that is used to identify a sharp decline once price breaks out to the the downside.
Usdjpy risks potential downside towards the 155.2 mark as usdjpy becomes weak.
ASCENDING CHANNEL
Crude Oil
USOIL
1H
There is an ascending channel distinguished, the price expects a steady move as a sign of a breakout.
An ascending channel is considered to be a compelling bearish chart formation with an upward bias that predicts that the price to go down if price collapses through the support line.
Crude-oil to head towards 65.5 as crude-oil probes 66.1 hurdle.
ASCENDING CHANNEL
Bitcoin
BTC/USD
1H
An ascending channel is close to being finished and the price requests a more move for clear breakdown confirmation.
An ascending channel spots a temporary interruption of an existing trend when price breaks below support.
There is a chance of corrective downside towards 66500 on a breach of 67100 amid btcusd recedes from recent highs.
FALLING WEDGE
GBP/USD
1H
A falling wedge is very close to being finished.
In case if price breaks out, the move could signal that the price to go long.
It is likely that a rangebound to the 1.35 zone will happen as downside pressure alleviates.
DESCENDING TRIANGLE
Ethereum
ETH/USD
4H
A descending triangle occurs.
When price breaks through the resistance, the move could spot that prices are likely to keep rallying upward.
It is not ruled out that a rangebound towards 2000 will happen.
ASCENDING CHANNEL
Crude Oil
USOIL
1H
An ascending channel happens and the price is close to breaking out.
In case if price breaks down, the resulting move could indicate a break during an uptrending market.
A bearish move to 65.5 is about to happen amid the commodity recedes from tops.
DESCENDING CHANNEL
EUR/USD
1H
It seems like a descending channel is nearing completion.
A descending channel often results in a temporary interruption of an existing trend in case if price breaks out to the the upside.
Eurusd to peak towards 1.178 on a breach of 1.176.
BULLISH RECTANGLE
USD/JPY
1H
There is a bullish rectangle spotted.
A bullish rectangle is said to depict a reliable signal that is used to spot that the price will rally further once price breaks above resistance.
A bullish move to 155.4 is likely to happen.
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