Open:
High:
Low:
Close:
PENNANT
Crude Oil
USOIL
1H
There is a pennant coming out and the price is breaking out.
A pennant is a chart signal that spots a sharp decline if price breakdown occurs.
Crude-oil to maintain its negative tone towards 80.5 as sell-off may continue.
DESCENDING CHANNEL
Gold
XAU/USD
1H
There is a descending channel diagnosed.
A descending channel predicts a bullish move once price breaks through the resistance.
Gold to maintain its positive tone to 4400 on impulse above 4390.
DESCENDING CHANNEL
Gold
XAU/USD
1H
We can see that a descending channel comes out.
A descending channel suggests a bullish pattern that has a downward slope that often results in a next move up in case if price breaks out.
Gold looks north towards the 4380 level once above 4375.
ASCENDING TRIANGLE
EUR/USD
1H
We can see that an ascending triangle has been discovered, eurusd calls for a bigger move as a verification of a breakout.
An ascending triangle depicts a technical bullish price signal that typically results in a further move up if price breaks out.
Eurusd advances higher towards 1.155 on a breach of 1.1548 amid the currency pair recovers from recent lows.
DESCENDING CHANNEL
GBP/USD
1H
There is a descending channel poping up, the price wants a further strong move as proof of a breakout.
A descending channel suggests a specific bullish pattern that has a downward slope that often indicates that prices are likely to keep rallying upward in case if price breaks out to the the upside.
Gbpusd to peak towards 1.352 as bulls looking for profit.
DESCENDING TRIANGLE
EUR/USD
4H
A descending triangle happens, eurusd requests a move as a verification of a breakout.
When price breaks above resistance, the resulting move could identify a bullish price move.
Eurusd does not rule out a move towards 1.156 on a upside break.
ASCENDING CHANNEL
USD/JPY
1H
There is an ascending channel happening and the price breaks out.
An ascending channel signals a next move down if price breaks below support.
Usdjpy to increase bearish potential to the 159.2 level.
ASCENDING TRIANGLE
USD/JPY
1H
There is an ascending triangle recognized, the price wants a bigger move for the certainty of breakout.
Once price collapses through the support line, the move could indicate prices are likely to keep falling downward.
Usdjpy risks extending drop to 159.2 on a breach of 159.35.
FALLING WEDGE
Ethereum
ETH/USD
1H
A falling wedge is determined.
A falling wedge identifies a bullish chart indicator that results in a next move up when price breaks above resistance.
There is a chance of a bullish run towards the 1900 zone as ethusd becomes bid.
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