Open:
High:
Low:
Close:
DESCENDING CHANNEL
GBP/USD
1H
It seems like a descending channel is nearing completion, the price is going to break out soon.
If price breaks out to the the upside, the move could signal a pause in a downtrending market.
There is a probability of a further bullish push up to 1.326.
DESCENDING CHANNEL
EUR/USD
1H
A descending channel is almost finished, the price requests a further strong move as evidence of a breakout.
A descending channel represents a bullish price signal that often identifies a change in the prevailing trend if price breaks through the resistance.
There is a chance of a move to 1.136 on a break above 1.1345.
ASCENDING CHANNEL
Bitcoin
BTC/USD
1H
Btcusd composes an ascending channel.
An ascending channel results in that the price to go short in case if price breaks through the support.
Btcusd tests a move to the 82500 mark as there is a chance for a downside correction.
DESCENDING TRIANGLE
GBP/USD
1H
There is a descending triangle emerging and gbpusd demands further bigger fall for the certainty of breakout.
When price breakdown occurs, the move could predict an extension in the downward direction.
It is possible that extra downside to 1.322 will occur on a downside break.
ASCENDING CHANNEL
Crude Oil
USOIL
1H
It looks like an ascending channel has been detected, crude-oil expects a bigger move for the certainty of breakdown.
If price breaks below support, the move could signal that the price to go short.
Crude-oil does not rule out a move towards 92 on a breakout of the ascending channel as crude-oil keeps the bid tone.
PENNANT
USD/JPY
1H
There is a pennant detected, the price is about to break out soon.
If price breaks above resistance, the resulting move could predict a move up.
Usdjpy to push up towards the 157.6 zone on a breach of 157.55.
BULLISH FLAG
Bitcoin
BTC/USD
4H
A bullish flag comes out and btcusd lacks a next bigger bullish move as an information of a breakout.
A bullish flag typically signals a break in the price direction once price breaks out.
There is a probability of a bullish move to the 85000 mark while above 84200.
PENNANT
USD/JPY
1H
A pennant arises and the price is about to break out.
A pennant suggests a specific price pattern that is used to indicate a bearish price action when price breaks out.
There is a chance of a bearish continuation to 157.2.
PENNANT
Bitcoin
BTC/USD
1H
A pennant is very close to being completed and the price is about to break out soon.
Once price breaks through the resistance, the resulting move could signal a sharp rise.
Btcusd points to the upside towards 84500 on a breach of 83900 as indicators favor bulls.
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