Open:
High:
Low:
Close:
FALLING WEDGE
Gold
XAU/USD
1H
As we can see a falling wedge is discovered, the price is ready to break out now.
When price breaks out to the the upside, the resulting move could identify a bullish price action.
It is not ruled out that a further bullish push up to the 4040 level will take place.
ASCENDING CHANNEL
Crude Oil
USOIL
1H
It seems like an ascending channel pops up and the price is going to break out soon.
An ascending channel describes a compelling signal that identifies that the price to go down once price collapses through the support line.
Crude-oil risks suffer setback towards 100 as the commodity becomes under pressure.
DESCENDING TRIANGLE
Gold
XAU/USD
1H
It seems like a descending triangle is revealed and the price is close to breaking out.
A descending triangle typically indicates a move down in case if price breaks out to the the downside.
There is a chance of a bearish move to the 3980 level.
ASCENDING CHANNEL
Crude Oil
USOIL
1H
It looks like an ascending channel is close to being done.
An ascending channel is a specific chart signal that typically spots a change in the prevailing trend when price breaks below support.
Crude-oil to accomodate towards 101 as crude-oil becomes vulnerable.
PENNANT
GBP/USD
1H
A pennant has been noticed and the price is ready to break out.
A pennant often indicates a bullish price move if price breaks out.
Gbpusd now looks towards the 1.339 level.
FALLING WEDGE
EUR/USD
1H
There is a falling wedge discovered and the price wants a strong bullish continuation as a verification of a breakout.
A falling wedge is a bullish price signal that often predicts a bullish price action in case if price breaks out.
A move to 1.122 is possible.
FALLING WEDGE
USD/JPY
1H
We can see that a falling wedge develops.
In case if price breaks above resistance, the move could indicate that the price to go long.
It is not ruled out that a bullish continuation towards 157 will happen on a break above 156.9 as usdjpy probes 156.9 hurdle.
SYMMETRICAL TRIANGLE
Ethereum
ETH/USD
1H
There is a symmetrical triangle turning up and the price lacks a more steady move as a sign of a breakout.
A symmetrical triangle is said to depict a useful bearish formation that often indicates the more likely potential of falling prices in case if price breaks through the support.
Ethusd turns bearish towards 2320 while below 2335 as weakness continues.
ASCENDING TRIANGLE
Bitcoin
BTC/USD
1H
It looks like btcusd shows an ascending triangle.
An ascending triangle typically signals that the price to go down if price breaks out.
Btcusd set to plunge to the 80000 zone as bearish momentum increases.
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