Open:
High:
Low:
Close:
DESCENDING CHANNEL
EUR/USD
1H
Eurusd shapes a descending channel, eurusd wants a more steady bullish move as evidence of a breakout.
When price breaks out to the the upside, the resulting move could identify a bullish price move.
Eurusd to extend its advance to 1.158.
RISING WEDGE
Crude Oil
USOIL
1H
A rising wedge is close to being completed and the price is about to break out.
A rising wedge tends to be a reliable formation that identifies a pause in an uptrending market in case if price breaks down.
Crude-oil hints a change to the downside to 102 amid rising bets for the move.
DESCENDING CHANNEL
GBP/USD
1H
A descending channel takes place, the price calls for a further bigger move as evidence of a breakout.
A descending channel results in a next move up in case if price breaks through the resistance.
Gbpusd to enjoy a considerable gain towards 1.352 once above 1.351.
ASCENDING TRIANGLE
Ethereum
ETH/USD
1H
The price gives an ascending triangle.
If price breaks out, the resulting move could predict a bullish price move.
Ethusd could attempt a move towards the 2540 zone on a breakout of the ascending triangle.
ASCENDING CHANNEL
Crude Oil
USOIL
4H
There is an ascending channel taking place, the price wants a correction as an indication of a breakdown.
An ascending channel provides a specific chart formation that often identifies a bearish move if price breaks below support.
Crude-oil to experience further corrective weakness towards the 95 zone while lower than 101.
ASCENDING TRIANGLE
Crude Oil
USOIL
1H
An ascending triangle is very close to being completed and the price is ready to break out.
An ascending triangle is believed to be a compelling formation that often spots an extension in the upward direction once price breaks out.
A bullish push up to 104 is on the cards.
RECTANGLE
USD/JPY
1H
It seems like a rectangle is discovered.
When price breaks out, the move could indicate that the price to go long.
Usdjpy embarks on a bullish correction towards the 154.8 level once beyond 154.6.
ASCENDING CHANNEL
GBP/USD
1H
An ascending channel is close to being complete, gbpusd expects a strong bearish impulse to confirm a breakdown.
In case if price breaks down, the resulting move could identify a move down.
Gbpusd to resume its downfall to the 1.349 zone while below 1.35.
DESCENDING CHANNEL
USD/JPY
1H
As we can see a descending channel is revealed, usdjpy requests a bit more consolidation as a clue of a breakout.
A descending channel tends to be a specific indicator that is used to spot a bullish move when price breaks out to the the upside.
Usdjpy to move upward to 154.2.
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