Open:
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Low:
Close:
BULLISH FLAG
Bitcoin
BTC/USD
1H
As we can see a bullish flag is close to being complete and btcusd expects a further steady bullish impulse as an information of a breakout.
A bullish flag identifies a specific signal that indicates a bullish move if price breaks above resistance.
Btcusd targets a move to 64000 once above 63800 as indicators turn bullish.
FALLING WEDGE
GBP/USD
1H
It seems like a falling wedge is detected.
In case if price breaks out to the the upside, the resulting move could indicate a bullish price action.
Gbpusd to head to 1.346 on a break above 1.3455 as bulls looking for profit.
FALLING WEDGE
Ethereum
ETH/USD
1H
We can see that a falling wedge is distinguished.
A falling wedge signals an extension in the upward direction once price breaks out to the the upside.
Ethusd challenges a move to 1840.
DESCENDING CHANNEL
Crude Oil
USOIL
1H
There is a descending channel detected.
A descending channel typically spots a move up once price breaks above resistance.
Crude-oil to grind higher to the 80.5 mark on a breach of 80.4.
FALLING WEDGE
Bitcoin
BTC/USD
1H
There is a falling wedge spotted.
A falling wedge identifies a bullish move in case if price breaks out.
It is not ruled out that a bullish push up towards 63500 will happen.
PENNANT
EUR/USD
1H
A pennant is close to being finished, the price asks for a bigger correction for clear breakdown confirmation.
When price breaks through the support, the resulting move could identify a move down.
There is a probability of corrective downside to 1.143 on impulse below 1.1436.
DESCENDING CHANNEL
Gold
XAU/USD
1H
There is a descending channel recognized and the price is breaking out.
Once price breaks through the resistance, the resulting move could signal that the price will rally further.
It is possible that a bullish price action to 4020 will be made as bulls look for entries.
DESCENDING CHANNEL
Crude Oil
USOIL
1H
It looks like a descending channel is revealed and the price is about to break out.
A descending channel depicts a reliable bullish pattern that has a downward slope that can be used to predict a move up in case if price breaks out to the the upside.
It is possible that a bullish continuation to 79.5 will happen as there is a chance for a upside correction.
BULLISH FLAG
EUR/USD
1H
A bullish flag is almost done.
A bullish flag suggests a specific indicator that is used to spot that the price to go long in case if price breaks out to the the upside.
Eurusd turns higher towards 1.145.
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