Open:
High:
Low:
Close:
DESCENDING CHANNEL
Bitcoin
BTC/USD
1H
There is a descending channel appearing, the price breaks out.
Once price breaks out, the move could identify a further move up.
A bullish move towards the 68000 zone is a possibility while above 67600.
ASCENDING CHANNEL
Crude Oil
USOIL
1H
There is an ascending channel distinguished, crude-oil lacks a more strong move for clear breakdown confirmation.
An ascending channel often predicts a bullish-to-bearish trend reversal in case if price breaks through the support.
Crude-oil could attempt a move to 100.
DESCENDING CHANNEL
EUR/USD
4H
We can see that eurusd sets up a descending channel, eurusd asks for a more active bullish continuation to confirm descending channel breakout.
A descending channel is a useful signal that typically predicts a further move up once price breaks out to the the upside.
Eurusd to enjoy a considerable gain towards the 1.16 level on a upside break.
BULLISH FLAG
Ethereum
ETH/USD
1H
We can see that a bullish flag has been detected, the price breaks out soon.
In case if price breaks out to the the upside, the resulting move could indicate that the price to go up.
A bullish push up towards 2100 looks likely once above 2075.
ASCENDING CHANNEL
Gold
XAU/USD
1H
As we can see an ascending channel is close to being finished.
An ascending channel provides a reliable chart indicator that results in a bullish-to-bearish trend reversal once price breaks out.
Gold to move downward to 4500 once below 4560.
DESCENDING CHANNEL
GBP/USD
4H
A descending channel occurs and the price requests a strong bullish action to confirm a breakout.
A descending channel often predicts reversals in downtrends once price breaks through the resistance.
Gbpusd could attempt a move to the 1.33 zone on a breakout of the descending channel.
ASCENDING CHANNEL
Bitcoin
BTC/USD
1H
An ascending channel is very close to being finished, the price requires active pullback as evidence of a breakdown.
An ascending channel describes a bearish formation that often indicates a breakdown is likely to occur when price breakdown occurs.
Btcusd could recede towards 66000.
ASCENDING CHANNEL
Bitcoin
BTC/USD
1H
Btcusd completes an ascending channel and btcusd calls for a bigger correction as an information of a breakout.
An ascending channel is a technical formation that is used to identify the more likely potential of falling prices in case if price collapses through the support line.
Btcusd to move back to the 66500 mark on a breakout of the ascending channel.
ASCENDING TRIANGLE
USD/JPY
1H
It seems like an ascending triangle is almost finished and the price demands an active bearish impulse as proof of a breakout.
In case if price breakdown occurs, the move could spot an extension in the downward direction.
A bearish continuation towards the 159.6 zone about to be made.
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