Open:
High:
Low:
Close:
ASCENDING TRIANGLE
EUR/USD
1H
Eurusd shapes an ascending triangle, the price is ready to break out.
An ascending triangle spots prices are likely to keep falling downward in case if price breakdown occurs.
There is a possibility of a move to the 1.122 level on impulse below 1.1226.
RECTANGLE
Crude Oil
USOIL
1H
A rectangle turns up, the price is about to break out soon.
A rectangle can be thought of as a compelling signal that identifies a bullish move if price breaks through the resistance.
Crude-oil looks north to the 100 zone as there is room for a upside correction.
DESCENDING TRIANGLE
Ethereum
ETH/USD
1H
There is a descending triangle appearing, the price wants an active move as a verification of a breakdown.
A descending triangle tends to be a reliable indicator that can be used to spot the bulls have run out of steam when price breakdown occurs.
It is likely that a bearish continuation to the 2380 zone will take place.
RECTANGLE
Bitcoin
BTC/USD
1H
Btcusd forms a rectangle.
A rectangle is believed to be a technical bearish chart signal that typically indicates a bearish move once price breaks out to the the downside.
There is a chance of a move to 81000 as weakness continues.
ASCENDING CHANNEL
Ethereum
ETH/USD
1H
There is an ascending channel diagnosed, the price lacks bigger fall for clear breakout confirmation.
An ascending channel signals that the price to go short when price breaks through the support.
Ethusd risks extra downside towards the 2380 mark while lower than 2400 amid ethusd recedes from tops.
DESCENDING CHANNEL
GBP/USD
1H
We can see that a descending channel is close to being complete and the price is ready to break out soon.
Once price breaks above resistance, the move could predict a change in the prevailing trend.
There is a possibility of a rangebound towards 1.334.
RISING WEDGE
USD/JPY
1H
There is a rising wedge coming out and the price is about to break out soon.
A rising wedge often signals a temporary interruption during a rising market when price breaks down.
Decline towards 158.2 is going to happen.
DESCENDING TRIANGLE
GBP/USD
1H
There is a descending triangle determined.
When price breaks out to the the upside, the move could indicate that the price to go up.
There is a probability of a move towards 1.334 on impulse above 1.332.
ASCENDING CHANNEL
Bitcoin
BTC/USD
1H
We can see that the price builds an ascending channel.
An ascending channel represents a bearish price action pattern that has an upward slope that predicts a bearish price move once price collapses through the support line.
Btcusd risks extra downside towards 81500 on a breakout of the ascending channel.
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