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BEARISH FLAG
GBP/USD
1H
A bearish flag turns up, the price is close to breaking out soon.
A bearish flag tends to be a chart signal that signals reversals in uptrends if price collapses through the support line.
Gbpusd could recede to 1.354 as the currency pair becomes bearish.
BEARISH FLAG
EUR/USD
1H
There is a bearish flag emerging.
When price breaks out to the the downside, the move could indicate a change in the prevailing trend.
It is not ruled out that a bearish move towards the 1.16 mark will form.
SYMMETRICAL TRIANGLE
USD/JPY
1H
There is a symmetrical triangle noticed and usdjpy demands an impulse down as evidence of a breakdown.
In case if price breaks out to the the downside, the move could identify that the price to go down.
Usdjpy to extend the correction lower to the 159.6 mark.
DESCENDING TRIANGLE
Crude Oil
USOIL
1D
We can see that a descending triangle is determined, the price is about to break out.
A descending triangle often predicts a sharp rise if price breaks above resistance.
Crude-oil to move up to the 90 level.
DESCENDING TRIANGLE
USD/JPY
1H
There is a descending triangle turning up.
If price breaks through the resistance, the move could signal a move up.
Usdjpy opens door for a move to the 160 zone on a breach of 159.75 as downside pressure alleviates.
DESCENDING CHANNEL
GBP/USD
4H
There is a descending channel found, the price is about to break out.
If price breaks above resistance, the resulting move could predict a downward trend is nearing its end.
Gbpusd to continue higher to 1.358 on a breakout of the descending channel.
DESCENDING TRIANGLE
Bitcoin
BTC/USD
4H
As we can see a descending triangle is exposed, the price demands a further strong move for clear breakout confirmation.
A descending triangle is considered to be a compelling pattern that often predicts extending an uptrend if price breaks above resistance.
Btcusd to move up towards 80000 once beyond 78800.
DESCENDING CHANNEL
Bitcoin
BTC/USD
1H
There is a descending channel detected, the price is close to breaking out.
A descending channel represents a bullish price action signal that signals a sharp rise once price breaks above resistance.
A bullish move to 79000 about to be made once beyond 78600 as the cryptocurrency loses bearish momentum.
ASCENDING CHANNEL
USD/JPY
4H
It looks like an ascending channel emerges.
An ascending channel represents a chart formation that often identifies a bearish price action if price breaks out.
A further bearish price action to the 159 level about to be made.
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