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ASCENDING CHANNEL
Bitcoin
BTC/USD
1H
An ascending channel happens, the price is ready to break out now.
An ascending channel identifies a technical signal that can be used to spot extending an downtrend when price breaks out.
Extra downside towards 66500 looks probable as bears seeking a new low.
RISING WEDGE
Gold
XAU/USD
1H
A rising wedge develops.
Once price breaks out to the the downside, the resulting move could signal a next move down.
Gold pulls away from recent highs towards 4500 on a downside break.
DESCENDING TRIANGLE
EUR/USD
4H
There is a descending triangle taking place and the price is about to break out.
When price breaks down, the resulting move could signal that the price to go down.
It is possible that a bearish price action towards 1.148 will be made on a breach of 1.149.
ASCENDING CHANNEL
Crude Oil
USOIL
1H
As we can see an ascending channel is almost completed and the price demands a next active move for clear breakout confirmation.
In case if price breaks below support, the resulting move could spot a change in price direction.
Crude-oil could attempt a move to 100 on a downside break as the commodity challenges 101 hurdle.
DESCENDING CHANNEL
EUR/USD
1H
A descending channel takes place and eurusd asks for a steady impulse up as a clue of a breakout.
A descending channel describes a useful price pattern that is used to signal that the price to go up when price breaks through the resistance.
Eurusd pushes higher to 1.154.
DESCENDING TRIANGLE
Bitcoin
BTC/USD
1H
It seems like a descending triangle is close to completion, the price wants a move as evidence of a breakout.
A descending triangle identifies a technical bullish signal that is used to indicate that prices are likely to keep rallying upward once price breaks above resistance.
There is a chance of a bullish move to the 67500 zone once beyond 66900 as btcusd resumes the upside.
DESCENDING TRIANGLE
EUR/USD
4H
The price builds a descending triangle and the price is ready to break out.
A descending triangle can be thought of as a technical bullish price signal that indicates the bears have run out of steam in case if price breaks through the resistance.
A bullish move towards 1.154 about to be made while above 1.152.
RISING WEDGE
USD/JPY
4H
Usdjpy gives a rising wedge and the price breaks out now.
A rising wedge typically results in an extension in the downward direction in case if price breaks out to the the downside.
Usdjpy hints a change to the downside towards 159.5.
DESCENDING CHANNEL
Ethereum
ETH/USD
1H
A descending channel turns up and the price is about to break out.
A descending channel is believed to be a reliable signal that often spots a trend change to the upside in case if price breaks out to the the upside.
There is a chance of a bullish price action to 2020.
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