Open:
High:
Low:
Close:
Crude Oil: Rectangle
USOIL,
1 hour
SHORT
Feb 23
A rectangle comes out, the price breaks out soon.
A rectangle is considered to be a technical formation that typically identifies a bearish move in case if price breaks below support.
Decline towards 77.6 is about to happen on a break below 77.7 amid USOIL recedes from recent highs.
Gold: Ascending Triangle
XAU/USD,
1 hour
LONG
Feb 29
Crude Oil: Bearish Flag
USOIL,
1 hour
SHORT
Feb 23
It looks like a bearish flag has been diagnosed.
When price breaks down, the resulting move could indicate a bearish price move.
USOIL opens door for a move to the 78 zone.
Gold: Descending Channel
XAU/USD,
1 hour
LONG
Feb 29
USD/JPY: Ascending Triangle
USD/JPY,
1 hour
SHORT
29 hours ago
There is an ascending triangle taking place and the price breaks out now.
An ascending triangle typically indicates an extension in the downward direction when price breaks through the support.
A further rangebound to 155.5 is likely on a break below 155.6.
GBP/USD: Ascending Channel
GBP/USD,
1 day
SHORT
Mar 22
There is an ascending channel arising.
An ascending channel often results in a bearish price action once price breaks down.
GBP/USD challenges a move to 1.26 on a breakout of the ascending channel.
GBP/USD: Ascending Channel
GBP/USD,
1 day
SHORT
Apr 2
Crude Oil: Ascending Triangle
USOIL,
1 hour
SHORT
Feb 23
There is an ascending triangle identified and the price asks for a next move as a clue of a breakdown.
Once price breaks below support, the resulting move could indicate the more likely potential of falling prices.
A bearish continuation to 78 is about to happen.
Bitcoin: Ascending Channel
BTC/USD,
4 hours
SHORT
2 days ago
EUR/USD: Bearish Rectangle
EUR/USD,
1 hour
SHORT
Mar 28
There is a bearish rectangle spotted and the price requires a more active correction as a verification of a breakdown.
A bearish rectangle is believed to be a useful bearish pattern that typically indicates that the price to go down once price breaks out.
EUR/USD could attempt a move towards 1.0805 as outlook for the currency pair stays negative.
Bitcoin: Pennant
BTC/USD,
1 hour
LONG
Oct 15
There is a pennant identified and the price wants a more move as an indication of a breakout.
A pennant can be thought of as a specific pattern that typically results in a bullish price move when price breaks out.
BTC/USD to have better chances of advancing towards the 26900 zone as BTC/USD becomes bid.
USD/JPY: Bullish Rectangle
USD/JPY,
1 day
LONG
Mar 20
There is a bullish rectangle turning up and USD/JPY wants a next steady move as a verification of a breakout.
A bullish rectangle is said to depict a compelling formation that predicts a sharp rise when price breaks through the resistance.
USD/JPY to increase bullish potential towards 152.