Open:
High:
Low:
Close:
ASCENDING CHANNEL
USD/JPY
1H
An ascending channel is close to completion, the price is ready to break out.
An ascending channel often signals an upward trend is about to reverse into an downward trend when price breakdown occurs.
Usdjpy to head towards 162 on a downside break.
DESCENDING CHANNEL
EUR/USD
1H
As we can see a descending channel is close to being completed and the price breaks out.
In case if price breaks out, the move could indicate a further move up.
There is a possibility of a rangebound towards the 1.143 zone once above 1.1424 as there is a chance for a upside correction.
DESCENDING CHANNEL
Ethereum
ETH/USD
1H
A descending channel is almost done, the price demands next push up to confirm a breakout.
In case if price breaks above resistance, the resulting move could signal a temporary interruption of an existing trend.
It is not ruled out that a bullish price action to the 1800 mark will occur once above 1790 amid rising bets for the move.
DESCENDING CHANNEL
GBP/USD
1H
A descending channel is very close to being finished, gbpusd requests a steady bullish continuation as an indication of a breakout.
In case if price breaks out, the move could identify that the price to go long.
It is possible that a bullish push up to 1.335 will happen on a breach of 1.3344 as bulls lurking in demand zone.
ASCENDING CHANNEL
Bitcoin
BTC/USD
1H
There is an ascending channel arising and the price wants a steady move as proof of a breakdown.
An ascending channel denotes a signal that can be used to signal an extension in the downward direction when price breaks out to the the downside.
Btcusd to move downward to 62600 on a breakout of the ascending channel.
ASCENDING TRIANGLE
Gold
XAU/USD
1H
An ascending triangle occurs and the price wants pullback as a sign of a breakout.
An ascending triangle suggests a bearish price indicator that can be used to identify a move down in case if price breaks through the support.
A bearish move to the 4140 level is about to happen as gold is at a brink of a bearish breakout.
ASCENDING CHANNEL
Bitcoin
BTC/USD
1H
There is an ascending channel detected, btcusd expects a further active move as a verification of a breakout.
An ascending channel depicts a bearish formation that typically predicts that the price to go short when price breaks out to the the downside.
Corrective downside towards the 62800 level is possible on a breakout of the ascending channel.
DESCENDING TRIANGLE
EUR/USD
1H
It looks like eurusd gives a descending triangle.
A descending triangle can be thought of as a pattern that is used to signal prices are likely to keep falling downward in case if price breaks out.
Eurusd set to fall towards 1.141 as eurusd keeps the bid tone.
ASCENDING CHANNEL
Bitcoin
BTC/USD
4H
An ascending channel comes out and the price demands a more steady move as a verification of a breakout.
When price breakdown occurs, the move could spot that the price to go down.
Btcusd to move back to the 62000 mark.
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