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BULLISH FLAG
Gold
XAU/USD
1H
A bullish flag is almost done.
A bullish flag denotes a compelling bullish price pattern that can be used to indicate a bearish-to-bullish trend reversal if price breaks out.
There is a chance of a further bullish price action towards the 4180 level.
RISING WEDGE
Crude Oil
USOIL
1H
We can see that crude-oil establishes a rising wedge and the price expects a further bigger correction as evidence of a breakdown.
A rising wedge tends to be a bearish chart indicator that indicates a breakdown is likely to occur when price breaks out to the the downside.
Crude-oil dives out bullish trendline towards 69.
ASCENDING CHANNEL
GBP/USD
1H
There is an ascending channel poping up and gbpusd requests an active move as proof of a breakdown.
An ascending channel results in a bearish move once price collapses through the support line.
It is possible that decline towards 1.336 will take place on a breach of 1.3375.
RECTANGLE
Crude Oil
USOIL
1H
There is a rectangle revealed and the price is about to break out now.
A rectangle represents a specific bullish price formation that is used to signal extending an uptrend once price breaks out to the the upside.
A bullish run towards the 69.2 zone looks likely.
ASCENDING CHANNEL
Gold
XAU/USD
4H
It looks like an ascending channel has been encountered, gold requests a next move as an indication of a breakout.
An ascending channel is a specific bearish price signal that can be used to spot a further move down when price breaks out to the the downside.
A further bearish push down towards 4100 is going to happen on a breakout of the ascending channel.
ASCENDING CHANNEL
USD/JPY
1H
It looks like an ascending channel materializes.
An ascending channel is said to depict a compelling price action formation that is used to spot a next move down in case if price breaks below support.
Usdjpy could attempt a move to 161.8 while lower than 161.95 as usdjpy nears 161.95 hurdle.
ASCENDING CHANNEL
Ethereum
ETH/USD
4H
There is an ascending channel materializing.
An ascending channel indicates that the price to go short once price breaks below support.
Ethusd to suffer further downside towards the 1750 zone as upside pressure seen easing.
SYMMETRICAL TRIANGLE
Crude Oil
USOIL
1H
A symmetrical triangle appears.
A symmetrical triangle typically spots that prices are likely to keep rallying upward in case if price breaks through the resistance.
A bullish move towards the 69 zone is likely once above 68.8 as crude-oil becomes bid.
BULLISH FLAG
EUR/USD
1H
Eurusd shapes a bullish flag.
A bullish flag denotes a technical price action signal that often results in price reversal after a pause in case if price breaks out.
Eurusd to surge considerably to 1.146 as bulls seeking a new high.
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