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BULLISH FLAG
EUR/USD
1H
A bullish flag is close to being completed.
A bullish flag results in a bullish move once price breaks through the resistance.
There is a possibility of a bullish continuation to 1.156 on a breach of 1.1545.
RISING WEDGE
Gold
XAU/USD
4H
Gold composes a rising wedge, the price breaks out.
A rising wedge typically spots a bearish move when price breaks down.
Gold set to accelerate its decline towards 4600 on a breakout of the rising wedge.
RECTANGLE
Ethereum
ETH/USD
1H
A rectangle has been diagnosed.
A rectangle often results in a next move down once price breakdown occurs.
A bearish run towards the 2060 zone is about to happen.
ASCENDING CHANNEL
Gold
XAU/USD
1H
An ascending channel forms and the price requires a more bearish continuation as a verification of a breakout.
An ascending channel often spots prices are likely to keep falling downward if price breaks below support.
Gold dives out bullish trendline towards 4700 on impulse below 4720.
ASCENDING CHANNEL
EUR/USD
1H
We can see that an ascending channel is recognized.
If price breaks below support, the resulting move could indicate reversals in uptrends.
A bearish move towards the 1.158 mark looks probable as upside pressure seen easing.
ASCENDING CHANNEL
GBP/USD
1H
We can see that an ascending channel is close to being complete.
An ascending channel is said to depict a compelling chart pattern that often spots price heading to a new direction in case if price breaks out.
Gbpusd to suffer a steeper decline to 1.325 on a breakout of the ascending channel as the currency pair becomes depressed.
DESCENDING CHANNEL
Crude Oil
USOIL
1H
It seems like a descending channel is nearing completion and the price asks for a strong bullish action as evidence of a breakout.
A descending channel can be thought of as a reliable bullish price pattern that has a downward slope that typically predicts a change in price direction when price breaks out to the the upside.
Crude-oil to increase bullish potential towards the 104 level once beyond 102.
ASCENDING TRIANGLE
USD/JPY
1H
There is an ascending triangle spotted and the price demands a next bigger move for the certainty of breakout.
An ascending triangle results in that prices are likely to keep rallying upward if price breaks through the resistance.
There is a chance of a bullish push up towards the 159 level as bullish momentum increases.
BEARISH FLAG
Bitcoin
BTC/USD
4H
A bearish flag happens.
A bearish flag is considered to be a useful bearish price indicator that can be used to signal reversals in uptrends when price breaks out.
A move towards the 66000 zone is about to happen as btcusd looks offered.
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