Open:
High:
Low:
Close:
ASCENDING CHANNEL
Bitcoin
BTC/USD
1H
We can see that an ascending channel is determined.
Once price breakdown occurs, the resulting move could identify a next move down.
Btcusd opens door for a move towards the 72500 mark on a break below 72700 as the cryptocurrency becomes weaker.
SYMMETRICAL TRIANGLE
Gold
XAU/USD
1H
As we can see the price completes a symmetrical triangle.
In case if price breaks below support, the resulting move could identify a bearish price action.
There is a possibility of a bearish move to the 4740 zone on a breach of 4760.
ASCENDING CHANNEL
Gold
XAU/USD
4H
An ascending channel is very close to being finished and the price breaks out now.
An ascending channel is a useful bearish chart signal that can be used to signal a move down if price breaks down.
Gold to slide to the 4750 zone as door open for a test of 4750.
SYMMETRICAL TRIANGLE
Crude Oil
USOIL
1H
We can see that a symmetrical triangle has been observed, the price lacks a further strong move for clear breakout confirmation.
A symmetrical triangle depicts a specific bearish formation that often predicts a further move down in case if price breaks below support.
Crude-oil risks a move to 96.
ASCENDING TRIANGLE
Bitcoin
BTC/USD
1H
An ascending triangle is observed and the price is close to breaking out soon.
When price breaks above resistance, the resulting move could signal extending an uptrend.
It is not ruled out that a rangebound towards the 73000 level will take place while above 72500.
ASCENDING TRIANGLE
Ethereum
ETH/USD
1H
As we can see an ascending triangle is nearing completion, the price is close to breaking out soon.
An ascending triangle tends to be a specific formation that can be used to signal the bears have run out of steam when price breaks out.
Ethusd to peak towards the 2240 level on a breach of 2230 as ethusd challenges 2230 hurdle.
BEARISH FLAG
USD/JPY
1H
It seems like a bearish flag appears.
A bearish flag spots a tendency to break in the opposite direction once price breaks out.
It is possible that extra downside to 159 will occur.
ASCENDING TRIANGLE
EUR/USD
1H
We can see that an ascending triangle is very close to being finished.
An ascending triangle represents a reliable bullish signal that often signals the more likely potential of rising prices when price breaks out.
Eurusd to move upward to 1.173 on a breach of 1.172 as uptrend may continue.
ASCENDING TRIANGLE
GBP/USD
1H
There is an ascending triangle discovered and gbpusd requires a next move as an information of a breakout.
An ascending triangle identifies a compelling bullish chart signal that spots a move up when price breaks above resistance.
It is not ruled out that a rangebound towards the 1.348 zone will take place.
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