Open:
High:
Low:
Close:
BEARISH FLAG
GBP/USD
1H
There is a bearish flag noticed.
A bearish flag denotes a compelling signal that can be used to identify a bearish price action once price breaks out to the the downside.
Gbpusd set to accelerate its decline to the 1.32 zone.
ASCENDING CHANNEL
EUR/USD
4H
An ascending channel is observed and eurusd wants a next strong move as proof of a breakout.
An ascending channel is a bearish formation with an upward bias that often signals a bearish price action in case if price breaks out to the the downside.
There is a possibility of a bearish push down to 1.15 while below 1.152.
ASCENDING TRIANGLE
EUR/USD
1H
It seems like an ascending triangle forms.
An ascending triangle provides a technical indicator that often results in a further move down when price breaks through the support.
It is not ruled out that decline to 1.154 will form as bearish momentum increases.
ASCENDING TRIANGLE
Bitcoin
BTC/USD
1H
It looks like an ascending triangle happens.
An ascending triangle depicts a specific bearish price indicator that is used to indicate the bulls have run out of steam in case if price collapses through the support line.
There is a possibility of a bearish price action to 66500.
BEARISH FLAG
Ethereum
ETH/USD
1H
A bearish flag is almost finished, ethusd asks for a more steady move for the certainty of breakdown.
A bearish flag is a reliable bearish price formation that is angled up that predicts a bearish price move in case if price breaks down.
Ethusd could attempt a move towards 2040 on a break below 2050 as upside pressure alleviates.
PENNANT
EUR/USD
1H
It looks like a pennant is determined, the price needs a bullish impulse for the certainty of breakout.
A pennant can be thought of as a technical indicator that indicates an extension in the upward direction when price breaks above resistance.
There is a possibility of a move to 1.155 on a breakout of the pennant.
PENNANT
GBP/USD
1H
There is a pennant coming out.
If price breakdown occurs, the resulting move could spot a next move down.
There is a possibility of corrective downside towards 1.323 as outlook for the currency pair stays negative.
FALLING WEDGE
Bitcoin
BTC/USD
1H
There is a falling wedge materializing.
A falling wedge often signals a pause in a downtrending market in case if price breaks above resistance.
A bullish push up to the 67000 zone is going to happen.
ASCENDING TRIANGLE
USD/JPY
1H
An ascending triangle has been observed.
If price breaks out, the move could spot that the price to go down.
Usdjpy set to lose more ground towards the 159.4 mark as indicators turn bearish.
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