Open:
High:
Low:
Close:
EUR/USD: Rising Wedge
EUR/USD,
4 hours
SHORT
6 days ago
It seems like a rising wedge is almost done and EUR/USD asks for a further bearish action as an indication of a breakout.
A rising wedge tends to be a useful indicator that is used to identify that the price to go short in case if price breaks out.
EUR/USD does not rule out a move to 1.082 on a downside break as the currency pair becomes under pressure.
USD/JPY: Rectangle
USD/JPY,
4 hours
LONG
6 days ago
We can see that the price gives a rectangle, the price asks for an impulse up as an indication of a breakout.
A rectangle provides a reliable formation that identifies the more likely potential of rising prices when price breaks out to the the upside.
USD/JPY to push up towards 152.
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
GBP/USD: Rising Wedge
GBP/USD,
4 hours
SHORT
6 days ago
A rising wedge occurs.
A rising wedge often indicates a further move down when price breakdown occurs.
GBP/USD hints a change to the downside towards 1.26.
Ethereum: Ascending Triangle
ETH/USD,
4 hours
SHORT
3 days ago
It seems like an ascending triangle emerges.
An ascending triangle tends to be a reliable formation that typically signals the bulls have run out of steam once price breakdown occurs.
ETH/USD to head towards 3400 on a breach of 3500.
EUR/USD: Bearish Flag
EUR/USD,
1 day
SHORT
Mar 29
As we can see the price forms a bearish flag and the price is ready to break out.
If price breaks through the support, the resulting move could spot a next move down.
There is a probability of corrective downside to the 1.075 mark on a breach of 1.078.
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.
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: Rectangle
BTC/USD,
4 hours
SHORT
3 days ago
There is a rectangle discovered.
A rectangle suggests a specific bearish price formation that often results in prices are likely to keep falling downward if price breaks below support.
BTC/USD to extend the fall towards the 68000 mark as BTC/USD becomes vulnerable.