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Chart patterns

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Bitcoin: Bullish Flag

BTC/USD, 1 day    LONG Oct 6
There is a bullish flag forming. In case if price breaks out to the the upside, the move could spot a tendency to break in the opposite direction. It is possible that a bullish move towards the 52000 zone will form on a breach of 50000 as BTC/USD nears 50000 hurdle.

USD/JPY: Descending Triangle

USD/JPY, 1 day    LONG Sep 24
There is a descending triangle observed and the price is going to break out now. A descending triangle typically spots that prices are likely to keep rallying upward if price breaks out to the the upside. There is a chance of a bullish price action to 110.5.

Ethereum: Ascending Triangle

ETH/USD, 1 hour    LONG 18 hours ago
An ascending triangle takes place and the price breaks out. An ascending triangle is a bullish signal that is used to signal that the price to go long once price breaks out. ETH/USD to extend its advance to the 3850 mark as ETH/USD probes 3830 hurdle.

Bitcoin: Falling Wedge

BTC/USD, 1 day    LONG Oct 2
There is a falling wedge appearing. Once price breaks above resistance, the resulting move could identify a breakout higher. It is likely that a bullish push up to 46000 will occur.

Crude Oil: Descending Channel

USOIL, 1 day    LONG Sep 3
There is a descending channel appearing. A descending channel results in that the price to go up once price breaks through the resistance. There is a probability of a rangebound towards the 72 mark as the commodity becomes bid.

EUR/USD: Ascending Channel

EUR/USD, 1 day    SHORT Sep 23
It seems like an ascending channel is almost done, EUR/USD asks for an active move for clear breakout confirmation. An ascending channel can be thought of as a useful price indicator that is used to signal that the price to go down once price collapses through the support line. There is a probability of extra downside to the 1.17 zone on a breach of 1.172.

Crude Oil: Ascending Channel

USOIL, 1 hour    SHORT 15 hours ago
We can see that an ascending channel has been discovered and the price is close to breaking out soon. An ascending channel is believed to be a reliable signal that is used to identify the more likely potential of falling prices once price breaks out. It is possible that a bearish push down towards the 82 mark will form.

USD/JPY: Ascending Channel

USD/JPY, 1 hour    SHORT 4 hours ago
USD/JPY creates an ascending channel, the price is ready to break out now. An ascending channel results in a trend change to the downside in case if price breaks out. It is likely that decline to 114.2 will occur once below 114.4.

GBP/USD: Descending Channel

GBP/USD, 1 day    LONG 6 days ago
There is a descending channel appearing. If price breaks out to the the upside, the move could spot the more likely potential of rising prices. It is not ruled out that a bullish move towards 1.37 will take place while above 1.364.

Ethereum: Descending Channel

ETH/USD, 1 day    LONG Oct 6
A descending channel is spotted. A descending channel provides a compelling bullish indicator that often signals a break during a downtrending market when price breaks out to the the upside. It is likely that a rangebound to 3600 will occur while above 3450 as minor hurdle remains at 3450.

GBP/USD: Ascending Channel

GBP/USD, 1 hour    SHORT 22 hours ago
We can see that the price establishes an ascending channel, the price is ready to break out. An ascending channel typically spots a tendency to break in the opposite direction once price breaks below support. Corrective downside towards 1.378 is about to happen on a breakdown of the ascending channel.

USD/JPY: Pennant

USD/JPY, 1 day    LONG Sep 8
We can see that a pennant is close to being completed. When price breaks through the resistance, the move could spot a bullish move. A move towards 110.5 is going to happen.
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