Open:
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Low:
Close:
Ethereum: Descending Channel
ETH/USD,
4 hours
LONG
4 days ago
A descending channel is identified.
When price breaks out to the the upside, the resulting move could indicate a bullish move.
There is a chance of a bullish continuation towards 1860 on a breach of 1840.
Ethereum: Bullish Flag
ETH/USD,
4 hours
LONG
5 days ago
There is a bullish flag exposed, the price expects a next bigger move as a sign of a breakout.
A bullish flag provides a specific bullish formation that often results in a downward trend is about to reverse into an upnward trend once price breaks above resistance.
ETH/USD to extend its advance to 1840 on a breach of 1820.
EUR/USD: Ascending Triangle
EUR/USD,
4 hours
SHORT
4 days ago
We can see that an ascending triangle has been revealed, the price is close to breaking out now.
An ascending triangle depicts a reliable bearish signal that is used to predict a next move down if price breaks below support.
It is not ruled out that extra downside towards 1.128 will happen on a breakout of the ascending triangle.
Gold: Ascending Triangle
XAU/USD,
1 hour
LONG
Mar 28
We can see that XAU/USD develops an ascending triangle and the price is going to break out now.
An ascending triangle identifies a useful price action signal that can be used to identify a further move up in case if price breaks out to the the upside.
XAU/USD to look for a further push towards the 2220 level on a breach of 2216.
Gold: Descending Triangle
XAU/USD,
1 day
LONG
Feb 29
There is a descending triangle materializing and the price demands a next move as a sign of a breakout.
In case if price breaks above resistance, the move could indicate extending an uptrend.
XAU/USD to have better chances of advancing towards 2060.
Ethereum: Pennant
ETH/USD,
1 day
LONG
May 2
As we can see a pennant forms, the price is breaking out.
A pennant indicates a bullish price move if price breaks out to the the upside.
A bullish move towards the 1900 zone is about to happen while above 1820.
GBP/USD: Ascending Channel
GBP/USD,
4 hours
SHORT
4 days ago
There is an ascending channel determined.
An ascending channel results in a further move down when price breaks out to the the downside.
GBP/USD could drop towards 1.328 as GBP/USD looks offered.
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.
Ethereum: Descending Channel
ETH/USD,
1 day
LONG
Apr 23
It looks like a descending channel arises and the price is ready to break out.
A descending channel results in a bullish price move when price breaks out to the the upside.
ETH/USD turns bullish to the 1800 level as the mood may improve.
Gold: Pennant
XAU/USD,
4 hours
LONG
Mar 26
It seems like a pennant is close to being done, the price lacks a next move as a verification of a breakout.
A pennant identifies a useful signal that typically predicts the more likely potential of rising prices once price breaks out to the the upside.
XAU/USD points to the upside towards the 2190 zone on a breakout of the pennant as downside pressure alleviates.
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.
Ethereum: Descending Channel
ETH/USD,
1 hour
LONG
May 20
A descending channel arises, ETH/USD calls for a next move for clear breakout confirmation.
A descending channel is said to depict a compelling bullish price action indicator that often signals a breakout higher once price breaks out to the the upside.
It is not ruled out that a bullish push up to 3140 will take place on a upside break.