Open:
High:
Low:
Close:
RECTANGLE
Ethereum
ETH/USD
1H
A rectangle has been recognized and the price breaks out.
Once price collapses through the support line, the resulting move could signal a bearish move.
Ethusd risks a move towards 2240.
RISING WEDGE
GBP/USD
1H
As we can see a rising wedge is exposed and the price is ready to break out soon.
A rising wedge often results in a temporary interruption of an existing trend when price breakdown occurs.
It is possible that decline towards the 1.34 zone will form while below 1.341.
ASCENDING CHANNEL
Ethereum
ETH/USD
1H
There is an ascending channel observed and the price requires a bearish impulse as a sign of a breakout.
An ascending channel depicts a technical bearish price action indicator that spots that the price to go down in case if price breaks out.
A bearish push down to the 2260 level about to be made on impulse below 2275 as ethusd nears 2275 hurdle.
RISING WEDGE
USD/JPY
1H
There is a rising wedge spotted.
A rising wedge typically signals price heading to a new direction once price breaks out to the the downside.
A bearish price action towards the 157.6 zone is likely to happen on a break below 157.75.
DESCENDING CHANNEL
Gold
XAU/USD
1H
There is a descending channel turning up and the price is breaking out.
A descending channel provides a bullish chart indicator that spots a next move up once price breaks out to the the upside.
There is a possibility of a rangebound towards the 4000 level.
ASCENDING CHANNEL
Bitcoin
BTC/USD
1H
An ascending channel is very close to being finished, the price is ready to break out soon.
If price breakdown occurs, the resulting move could identify a pause in an uptrending market.
There is a probability of a move towards the 77800 zone.
ASCENDING CHANNEL
Bitcoin
BTC/USD
1H
There is an ascending channel observed.
An ascending channel suggests a specific bearish price action indicator that spots the more likely potential of falling prices if price breaks through the support.
Btcusd is at risk of extending its slump to the 77800 level as the cryptocurrency becomes under pressure.
ASCENDING TRIANGLE
GBP/USD
1H
It looks like an ascending triangle is close to being finished and gbpusd needs a more move for clear breakout confirmation.
An ascending triangle results in the more likely potential of rising prices in case if price breaks above resistance.
Gbpusd to continue higher to the 1.344 mark on a break above 1.3432.
DESCENDING CHANNEL
EUR/USD
1H
There is a descending channel revealed, eurusd demands a more move as a signal of a breakout.
A descending channel typically signals a downward trend is about to reverse into an upnward trend when price breaks out.
A bullish push up to the 1.12 zone is on the cards once beyond 1.1195.
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