Open:
High:
Low:
Close:
FALLING WEDGE
Bitcoin
BTC/USD
1H
As we can see a falling wedge is close to being done, btcusd wants a strong bullish impulse as proof of a breakout.
When price breaks out, the move could predict a bullish move.
It is not ruled out that a rangebound towards 70000 will take place.
PENNANT
EUR/USD
4H
We can see that eurusd establishes a pennant, eurusd requests an active move as a verification of a breakout.
In case if price breaks out, the resulting move could identify a move up.
There is a chance of a bullish move to 1.156.
PENNANT
GBP/USD
4H
There is a pennant uncovered and gbpusd demands bigger push up as an information of a breakout.
If price breaks through the resistance, the resulting move could signal that the price to go up.
Gbpusd opens door for a move to 1.34.
DESCENDING CHANNEL
GBP/USD
1H
A descending channel is close to being complete and the price breaks out soon.
A descending channel spots a further move up when price breaks above resistance.
Gbpusd challenges a move towards the 1.332 level as indicators turn bullish.
RECTANGLE
USD/JPY
4H
It looks like a rectangle is close to being complete and the price lacks a more strong move as a verification of a breakdown.
A rectangle can be thought of as a reliable indicator that often indicates a bearish price move once price breaks down.
There is a possibility of a bearish move towards 158.4 on a breach of 158.65.
FALLING WEDGE
EUR/USD
1H
There is a falling wedge exposed and eurusd needs a bullish continuation to confirm a breakout.
A falling wedge suggests a useful bullish price signal that results in that the price to go up once price breaks out to the the upside.
It is not ruled out that a rangebound towards 1.148 will take place as the mood may improve.
ASCENDING CHANNEL
Crude Oil
USOIL
1H
An ascending channel has been revealed, the price lacks a further move as a clue of a breakout.
An ascending channel represents a reliable price action indicator that identifies extending an downtrend once price breaks out to the the downside.
Crude-oil looks south towards 94.
ASCENDING CHANNEL
USD/JPY
1H
We can see that an ascending channel is almost completed, usdjpy expects a bigger correction as an indication of a breakout.
An ascending channel can be thought of as a pattern that typically spots a bearish price action in case if price breaks below support.
There is a chance of extra downside towards 159.4.
ASCENDING CHANNEL
Bitcoin
BTC/USD
4H
An ascending channel has been identified, the price is about to break out now.
An ascending channel describes a useful price signal that can be used to identify a further move down if price breakdown occurs.
It is likely that a bearish run to the 70000 zone will form.
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