Open:
High:
Low:
Close:
RISING WEDGE
GBP/USD
1H
There is a rising wedge noticed, the price is ready to break out now.
A rising wedge often signals a bearish price action once price breakdown occurs.
It is likely that a bearish price action towards 1.34 will occur.
ASCENDING CHANNEL
EUR/USD
1H
There is an ascending channel recognized and eurusd expects a more strong move as evidence of a breakout.
In case if price breaks out, the resulting move could signal price heading to a new direction.
Eurusd targets a move to 1.143.
ASCENDING CHANNEL
Gold
XAU/USD
1H
There is an ascending channel occuring and the price is breaking out.
An ascending channel suggests a compelling indicator that often spots an interruption of an uptrend in case if price breaks out to the the downside.
Gold could attempt a move to the 4100 zone on a breach of 4120.
DESCENDING CHANNEL
EUR/USD
1D
A descending channel is almost finished and the price expects a next steady bullish impulse as a sign of a breakout.
A descending channel suggests a useful bullish indicator that is used to signal extending an uptrend if price breaks out to the the upside.
Eurusd to recover bullish potential to 1.15 as the mood may improve.
PENNANT
EUR/USD
1H
There is a pennant poping up and eurusd expects a further strong move as an information of a breakout.
If price breaks above resistance, the move could signal that the price will rally further.
Eurusd could attempt a move towards 1.1445.
BULLISH FLAG
Bitcoin
BTC/USD
4H
A bullish flag is nearing completion.
A bullish flag is considered to be a reliable formation that has a downward slope that often spots a bullish price action if price breaks out to the the upside.
A bullish run towards the 64000 mark is a possibility on a breach of 63600.
DESCENDING TRIANGLE
USD/JPY
1H
It seems like a descending triangle is spotted.
A descending triangle signals the bulls have run out of steam in case if price breaks out.
Usdjpy to push down towards 162.2 on a downside break.
BULLISH FLAG
Ethereum
ETH/USD
4H
There is a bullish flag discovered.
A bullish flag describes a reliable indicator that can be used to identify a bullish move when price breaks above resistance.
There is a chance of a further bullish move towards 1800.
BEARISH FLAG
Ethereum
ETH/USD
1H
A bearish flag is very close to being finished, the price calls for a move to confirm a breakout.
A bearish flag predicts that the price to go down if price breaks through the support.
Ethusd set to accelerate its decline to the 1740 level on a breach of 1744.
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