Open:
High:
Low:
Close:
RISING WEDGE
EUR/USD
1H
As we can see a rising wedge is noticed, the price demands a next bigger move for the certainty of breakdown.
If price breaks out, the resulting move could signal that the price to go short.
It is possible that a bearish move towards 1.142 will take place on a breakout of the rising wedge as eurusd nears 1.1445 hurdle.
PENNANT
Bitcoin
BTC/USD
1H
There is a pennant happening, the price demands more strong rise as a sign of a breakout.
A pennant identifies a useful price action pattern that can be used to spot that the price to go up once price breaks out.
There is a possibility of a bullish move to the 62000 zone on a break above 61800.
ASCENDING CHANNEL
Gold
XAU/USD
1H
As we can see gold shows an ascending channel, the price is close to breaking out.
An ascending channel often indicates an extension in the downward direction when price collapses through the support line.
Gold accelerates losses towards 4150 as bears seeking a new low.
ASCENDING TRIANGLE
GBP/USD
1H
It looks like an ascending triangle turns up.
An ascending triangle is considered to be a bearish signal that often results in the bulls have run out of steam if price collapses through the support line.
It is not ruled out that decline to 1.334 will form while lower than 1.3355 as the currency pair challenges 1.3355 hurdle.
ASCENDING TRIANGLE
EUR/USD
1H
There is an ascending triangle arising and eurusd demands a more strong move as a sign of a breakout.
An ascending triangle results in an extension in the upward direction once price breaks out to the the upside.
Eurusd to move up to the 1.148 level as extra rangebound not ruled out.
ASCENDING CHANNEL
Bitcoin
BTC/USD
1H
An ascending channel has been revealed, the price breaks out.
An ascending channel typically results in a move down in case if price breakdown occurs.
Corrective downside towards the 61000 mark about to be made.
RECTANGLE
Crude Oil
USOIL
1H
A rectangle is nearing completion.
A rectangle often spots a sharp rise when price breaks through the resistance.
Crude-oil to recover bullish potential towards the 69 level amid crude-oil reclaims part of the ground lost.
ASCENDING CHANNEL
Bitcoin
BTC/USD
1H
It seems like an ascending channel is very close to being finished.
An ascending channel is said to depict a specific bearish price action pattern that is angled up that can be used to signal a bearish move once price breakdown occurs.
There is a chance of a bearish continuation towards 61000 on a breach of 61400.
RISING WEDGE
USD/JPY
1D
There is a rising wedge found, usdjpy requires a more bigger move as evidence of a breakout.
A rising wedge depicts a useful price action indicator that typically indicates a pause in an uptrending market once price breaks through the support.
There is a chance of a bearish push down to the 160 zone on a breakout of the rising wedge.
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