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WIMPEL
EUR/USD
1H
A pennant has been discovered and the price is going to break out.
A pennant depicts a technical price indicator that signals a bullish price move once price breaks through the resistance.
A bullish run towards 1.161 is about to happen as outlook for the currency pair stays positive.
RECHTECK
EUR/USD
1H
It looks like a rectangle has been observed, the price demands a more steady move as an indication of a breakout.
A rectangle can be thought of as a reliable bullish price action indicator that often signals the bears have run out of steam in case if price breaks out to the the upside.
A further bullish run to 1.161 is on the cards as indicators favor bulls.
RECHTECK
EUR/USD
4H
There is a rectangle emerging, the price needs next steady rise as proof of a breakout.
A rectangle tends to be a reliable signal that often predicts a sharp rise when price breaks above resistance.
A bullish price action to the 1.16 mark is about to happen as the currency pair looks bid.
STEIGENDER KEIL
EUR/USD
1H
It looks like a rising wedge is very close to being completed, the price is breaking out.
A rising wedge tends to be a specific bearish pattern with an upward bias that is used to indicate a bearish price move in case if price breaks out.
It is possible that a bearish move to 1.156 will take place as risk reversal sheds bullish bias.
AUFSTEIGENDER KANAL
EUR/USD
1H
As we can see an ascending channel is close to being completed and eurusd lacks a more move for the certainty of breakout.
When price breaks through the support, the move could identify a break during an uptrending market.
Eurusd is bearish and en route towards 1.158 as eurusd failes to keep gains.
AUFSTEIGENDES DREIECK
EUR/USD
1H
It seems like an ascending triangle appears, eurusd asks for a more strong move as proof of a breakout.
An ascending triangle tends to be a useful bullish price signal that often results in a further move up once price breaks out to the the upside.
Eurusd to head towards the 1.156 mark once above 1.155 as downside pressure mitigates.
FALLENDER KEIL
EUR/USD
4H
We can see that the price forms a falling wedge.
If price breaks through the resistance, the move could signal the more likely potential of rising prices.
Eurusd to increase bullish potential towards the 1.156 zone.
AUFSTEIGENDER KANAL
EUR/USD
1H
There is an ascending channel materializing.
Once price breakdown occurs, the move could identify a sharp decline.
Eurusd to prolong the corrective phase to the 1.151 zone.
ABSTEIGENDES DREIECK
EUR/USD
1H
A descending triangle is observed and the price is ready to break out soon.
If price breaks through the resistance, the move could predict a next move up.
Eurusd to prolong the growth phase to 1.154 as eurusd challenges 1.1528 hurdle.
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