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BULLISH RECTANGLE
Bitcoin
BTC/USD
1H
It seems like a bullish rectangle is almost finished, btcusd calls for more active push up to confirm bullish rectangle breakout.
A bullish rectangle results in a next move up when price breaks out.
Btcusd pushes higher towards the 72500 zone as downside pressure seen easing.
BEARISH FLAG
Crude Oil
USOIL
1H
It looks like the price creates a bearish flag.
In case if price breaks through the support, the resulting move could signal a sharp decline.
Crude-oil still risks a move towards the 96 level.
PENNANT
GBP/USD
1H
Gbpusd sets up a pennant and the price requires rise as evidence of a breakout.
Once price breaks out to the the upside, the move could predict that the price will rally further.
It is possible that a further rangebound to 1.344 will take place.
DESCENDING CHANNEL
Ethereum
ETH/USD
1H
The price completes a descending channel and the price is close to breaking out.
A descending channel often signals extending an downtrend in case if price breaks down.
Ethusd looks south to the 2160 zone on a break below 2175 as risk reversal sheds bullish bias.
BULLISH FLAG
EUR/USD
1H
There is a bullish flag encountered.
A bullish flag is said to depict a technical bullish price action indicator that often identifies the bears have run out of steam in case if price breaks out to the the upside.
A further rangebound towards 1.17 is probable as eurusd becomes bullish.
RISING WEDGE
USD/JPY
1H
It looks like usdjpy shapes a rising wedge and the price asks for a move as a signal of a breakdown.
A rising wedge identifies a bearish move in case if price breaks out.
Decline to the 158.8 mark is a possibility while below 158.9.
RECTANGLE
Crude Oil
USOIL
1H
A rectangle happens, crude-oil calls for a next active move as a signal of a breakout.
A rectangle is believed to be a technical bullish signal that can be used to indicate that the price will rally further in case if price breaks out to the the upside.
A rangebound to 99 is on the way on a breakout of the rectangle.
FALLING WEDGE
Bitcoin
BTC/USD
1H
There is a falling wedge poping up.
A falling wedge depicts a reliable signal that is used to identify that prices are likely to keep rallying upward once price breaks out to the the upside.
A bullish run to 72000 is probable once above 71400.
PENNANT
EUR/USD
1D
A pennant is spotted, the price is going to break out now.
A pennant spots that the price to go up if price breaks above resistance.
Eurusd hints a change to the upside to 1.17 while above 1.158.
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