Open:
High:
Low:
Close:
BULLISH FLAG
Bitcoin
BTC/USD
1H
We can see that a bullish flag is close to completion and the price is going to break out.
In case if price breaks out to the the upside, the resulting move could identify a bullish price action.
Btcusd to head to 83000 as btcusd is at a brink of a bullish breakout.
DESCENDING CHANNEL
GBP/USD
4H
There is a descending channel arising.
In case if price breaks through the resistance, the move could spot a pause in a downtrending market.
It is likely that a bullish move towards 1.328 will happen on impulse above 1.327 as the mood may improve.
DESCENDING CHANNEL
Ethereum
ETH/USD
1H
There is a descending channel determined, the price calls for a bigger move as a verification of a breakout.
In case if price breaks out, the move could spot a bullish move.
A bullish push up to the 2400 mark looks likely once above 2360.
BULLISH FLAG
Crude Oil
USOIL
1H
There is a bullish flag forming.
If price breaks above resistance, the move could spot a bullish price action.
It is not ruled out that a bullish run towards 95.5 will take place on a breakout of the bullish flag.
RECTANGLE
USD/JPY
4H
A rectangle is close to being finished and the price lacks a next active move as a signal of a breakout.
A rectangle denotes a reliable price pattern that can be used to indicate an extension in the downward direction once price breakdown occurs.
Usdjpy targets a move to 157.6.
RECTANGLE
Crude Oil
USOIL
1H
A rectangle turns up.
A rectangle denotes a useful bearish price action pattern that is used to signal an extension in the downward direction when price breaks through the support.
There is a probability of a bearish run to the 93 zone.
DESCENDING CHANNEL
Gold
XAU/USD
1H
A descending channel is close to being done.
In case if price breaks above resistance, the resulting move could signal that the price to go up.
A bullish push up towards the 4160 level is on the way as gold probes 4155 hurdle.
ASCENDING CHANNEL
Crude Oil
USOIL
1H
There is an ascending channel turning up and crude-oil wants an impulse down as an information of a breakout.
In case if price breaks out to the the downside, the move could indicate a sharp decline.
Crude-oil pulls back to 94.5.
RISING WEDGE
Crude Oil
USOIL
4H
There is a rising wedge encountered.
A rising wedge depicts a bearish price action pattern that has an upward slope that can be used to signal that the price to go short when price breaks out to the the downside.
Crude-oil could recede to 92.
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