Open:
High:
Low:
Close:
FALLING WEDGE
EUR/USD
1H
There is a falling wedge turning up and the price breaks out now.
If price breaks out, the resulting move could indicate price reversal after a pause.
There is a chance of a rangebound to 1.11.
FALLING WEDGE
GBP/USD
1H
There is a falling wedge appearing and gbpusd asks for a next strong move to confirm a breakout.
A falling wedge signals an extension in the upward direction in case if price breaks above resistance.
Gbpusd challenges a move towards the 1.328 mark once above 1.3265.
ASCENDING CHANNEL
Bitcoin
BTC/USD
1H
It seems like btcusd completes an ascending channel.
An ascending channel can be thought of as a reliable bearish indicator that typically spots a move down if price collapses through the support line.
A further bearish run to 73400 is probable.
ASCENDING CHANNEL
Ethereum
ETH/USD
1H
It looks like an ascending channel is nearing completion, the price calls for fall as an indication of a breakdown.
An ascending channel suggests a useful bearish signal that is used to predict reversals in uptrends if price breaks out.
It is not ruled out that corrective downside to 2040 will take place.
ASCENDING CHANNEL
USD/JPY
1H
It seems like an ascending channel is determined.
An ascending channel typically spots a bearish price action when price breaks out.
There is a possibility of corrective downside to 159.6 on a breakdown of the ascending channel as the currency pair becomes offered.
BEARISH FLAG
Bitcoin
BTC/USD
1H
As we can see a bearish flag has been spotted and the price needs a next move as evidence of a breakdown.
A bearish flag is a technical chart formation with an upward bias that can be used to predict a move down if price breaks out to the the downside.
It is possible that a rangebound to 73500 will take place as risk reversal sheds bullish bias.
ASCENDING CHANNEL
Crude Oil
USOIL
1H
There is an ascending channel arising.
An ascending channel suggests an indicator that spots a bearish move if price breaks out to the the downside.
Crude-oil pulls away from recent highs towards the 85 mark on a breakdown of the ascending channel as the commodity keeps the bid tone.
FALLING WEDGE
GBP/USD
1H
There is a falling wedge emerging, the price demands a further strong move as proof of a breakout.
A falling wedge provides a price action signal that can be used to predict a sharp rise once price breaks above resistance.
A bullish continuation to the 1.33 mark is not ruled out.
BEARISH FLAG
Ethereum
ETH/USD
1H
There is a bearish flag uncovered and ethusd lacks a next bearish continuation as a sign of a breakout.
A bearish flag can be thought of as a reliable bearish signal that indicates a move down if price breaks down.
Ethusd does not rule out a move to 2040 on a breakout of the bearish flag as upside pressure alleviates.
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