Open:
High:
Low:
Close:
RISING WEDGE
Bitcoin
BTC/USD
1H
It seems like the price gives a rising wedge and the price breaks out soon.
A rising wedge is considered to be a useful pattern with an upward bias that is used to predict a countertrend succeeding the current trend in case if price breaks below support.
It is not ruled out that a rangebound towards 64500 will take place on a breach of 65000.
ASCENDING TRIANGLE
EUR/USD
1H
There is an ascending triangle coming out.
If price breaks above resistance, the move could spot that the price to go up.
Eurusd to have better chances of advancing to the 1.148 mark.
RECTANGLE
EUR/USD
4H
A rectangle is close to being completed, the price expects a more strong bullish continuation to confirm rectangle breakout.
A rectangle depicts a useful bullish formation that typically identifies a bullish price action if price breaks out.
There is a probability of a rangebound towards the 1.148 zone.
PENNANT
USD/JPY
4H
There is a pennant arising.
A pennant depicts a reliable price formation that is used to identify a next move down in case if price breaks out.
A bearish continuation to 161.8 is possible.
PENNANT
Crude Oil
USOIL
1H
A pennant has been discovered and crude-oil expects a more move as an indication of a breakdown.
If price breaks through the support, the move could identify that the price to go short.
There is a chance of a further rangebound to 79.
ASCENDING TRIANGLE
USD/JPY
1H
Usdjpy develops an ascending triangle.
An ascending triangle spots an extension in the downward direction in case if price breaks out to the the downside.
Usdjpy to move downward towards 162.
ASCENDING TRIANGLE
GBP/USD
1H
As we can see an ascending triangle takes place.
An ascending triangle identifies a useful price signal that can be used to indicate extending an uptrend in case if price breaks out.
It is likely that a bullish run towards 1.344 will occur as the currency pair challenges 1.342 hurdle.
RECTANGLE
GBP/USD
4H
A rectangle is nearing completion, the price is breaking out.
A rectangle describes a specific chart indicator that predicts that the price will rally further in case if price breaks out.
Gbpusd to move up to 1.346.
PENNANT
EUR/USD
1H
There is a pennant detected and eurusd calls for a strong move as a signal of a breakout.
A pennant denotes a technical formation that predicts a sharp decline in case if price breaks out.
There is a chance of a rangebound to 1.14 as outlook for eurusd stays negative.
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