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ASCENDING TRIANGLE
USD/JPY
1H
An ascending triangle is almost done and the price is ready to break out soon.
An ascending triangle suggests a useful chart pattern that is used to spot the bulls have run out of steam once price breaks down.
Usdjpy to resume its downfall towards 153.2 on impulse below 153.35.
RISING WEDGE
Crude Oil
USOIL
1H
There is a rising wedge coming out and crude-oil needs a more active bearish action as a signal of a breakout.
A rising wedge describes a bearish price action formation that has an upward slope that can be used to identify that the price to go short when price breaks out to the the downside.
There is a chance of a rangebound to the 96 zone as crude-oil looks offered.
ASCENDING CHANNEL
Ethereum
ETH/USD
1H
It looks like an ascending channel forms and the price is about to break out soon.
An ascending channel provides a useful bearish indicator that often spots a bearish price move if price breaks through the support.
Ethusd to prolong the corrective phase to 2440.
ASCENDING CHANNEL
Ethereum
ETH/USD
1H
An ascending channel is encountered.
If price breaks below support, the move could indicate that the price to go down.
Ethusd could attempt a move to 2460.
ASCENDING CHANNEL
Ethereum
ETH/USD
1H
There is an ascending channel taking place, ethusd requests a next active bearish impulse as an information of a breakout.
An ascending channel depicts a specific price action signal that results in a further move down in case if price breaks through the support.
A bearish move towards 2480 is about to happen amid the cryptocurrency recedes from tops.
ASCENDING TRIANGLE
Ethereum
ETH/USD
4H
There is an ascending triangle appearing.
An ascending triangle depicts a bearish price pattern that results in a bearish price action when price breakdown occurs.
Ethusd to nosedive towards the 2460 level.
ASCENDING CHANNEL
EUR/USD
1H
An ascending channel appears and the price is going to break out now.
An ascending channel can be thought of as a bearish pattern that is angled up that typically results in the bulls have run out of steam when price breaks out to the the downside.
Eurusd pulls away from recent highs towards 1.162 on a breach of 1.1628 as eurusd probes 1.1628 hurdle.
DESCENDING CHANNEL
USD/JPY
1H
There is a descending channel found.
A descending channel often identifies price reversal after a pause once price breaks above resistance.
Usdjpy to continue higher towards the 153.6 mark on a breach of 153.6.
RISING WEDGE
Bitcoin
BTC/USD
1H
Btcusd creates a rising wedge.
A rising wedge suggests a specific price pattern that is angled up that is used to identify extending an downtrend if price breaks below support.
There is a probability of corrective downside towards 78500.
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