Open:
High:
Low:
Close:
RISING WEDGE
GBP/USD
1H
Gbpusd gives a rising wedge and gbpusd demands a next steady bearish impulse to confirm a breakdown.
If price breakdown occurs, the move could spot a further move down.
It is likely that corrective downside towards 1.346 will form while below 1.347.
ASCENDING CHANNEL
Ethereum
ETH/USD
1H
It looks like ethusd builds an ascending channel.
An ascending channel depicts a reliable price formation that can be used to predict a break during an uptrending market if price collapses through the support line.
Ethusd risks further decline towards the 1970 mark.
PENNANT
USD/JPY
1H
It looks like the price composes a pennant.
A pennant often signals a move up once price breaks out to the the upside.
Usdjpy to jump towards the 159.8 zone.
PENNANT
EUR/USD
1H
There is a pennant noticed.
A pennant signals prices are likely to keep falling downward once price breaks down.
Eurusd targets a move towards 1.164.
DESCENDING CHANNEL
EUR/USD
1H
There is a descending channel poping up.
A descending channel tends to be a bullish chart indicator that often spots that the price to go long when price breaks out to the the upside.
Eurusd to look for a further push to 1.166 on a breach of 1.165.
ASCENDING CHANNEL
USD/JPY
1H
It looks like an ascending channel is uncovered.
An ascending channel is said to depict a reliable bearish formation that is angled up that often spots a bearish price move if price breaks through the support.
There is a probability of decline to 159.6 on a breach of 159.7.
DESCENDING CHANNEL
GBP/USD
1H
It seems like the price shapes a descending channel.
A descending channel predicts a sharp rise when price breaks through the resistance.
Gbpusd to surge considerably towards 1.35.
SYMMETRICAL TRIANGLE
GBP/USD
4H
It seems like a symmetrical triangle has been exposed and the price expects a steady impulse up as a clue of a breakout.
A symmetrical triangle depicts a useful chart pattern that can be used to signal a next move up once price breaks through the resistance.
It is not ruled out that a bullish price action towards the 1.348 mark will take place as door open for a test of 1.348.
BULLISH FLAG
Gold
XAU/USD
1H
There is a bullish flag materializing.
Once price breaks through the resistance, the resulting move could predict that the price to go up.
Gold to extend its rebound towards 4520 while above 4520.
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