Open:
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Close:
GBP/USD: Descending Triangle
GBP/USD,
1 hour
LONG
May 30
A descending triangle pops up and the price breaks out.
A descending triangle describes a specific bullish chart formation that typically signals extending an uptrend in case if price breaks out.
It is not ruled out that a bullish continuation to 1.236 will occur.
Bitcoin: Ascending Channel
BTC/USD,
1 hour
SHORT
Mar 18
An ascending channel is almost finished, BTC/USD calls for next active fall for clear breakout confirmation.
An ascending channel often spots prices are likely to keep falling downward if price breaks below support.
BTC/USD to plummet towards 66500 on a breach of 67000.
Gold: Ascending Channel
XAU/USD,
1 hour
SHORT
Sep 1
There is an ascending channel uncovered.
If price breaks through the support, the resulting move could identify an interruption of an uptrend.
A bearish push down to 1964 looks probable.
EUR/USD: Pennant
EUR/USD,
1 hour
SHORT
Sep 5
A pennant is revealed.
A pennant typically signals the more likely potential of falling prices when price breaks out to the the downside.
It is possible that a move to 1.078 will be made.
Gold: Descending Triangle
XAU/USD,
1 hour
LONG
Feb 28
Gold: Descending Channel
XAU/USD,
1 hour
LONG
Oct 6
As we can see XAU/USD gives a descending channel, the price is going to break out.
A descending channel typically predicts reversals in downtrends in case if price breaks above resistance.
XAU/USD aims to complete a retracement towards 1838 on a breakout of the descending channel as there is room for a upside correction.
EUR/USD: Symmetrical Triangle
EUR/USD,
1 hour
LONG
Dec 13
It looks like a symmetrical triangle has been recognized, the price wants a next bullish move as a clue of a breakout.
When price breaks out, the move could identify that prices are likely to keep rallying upward.
EUR/USD turns bullish towards the 1.081 level on a break above 1.0798.
Ethereum: Rectangle
ETH/USD,
1 hour
LONG
Jun 20
It seems like a rectangle has been uncovered, the price is about to break out.
A rectangle describes a technical chart formation that typically results in a bullish move if price breaks out.
ETH/USD looks ready to further extend its gains to the 1750 mark on impulse above 1744.
EUR/USD: Rectangle
EUR/USD,
1 day
SHORT
Feb 1
There is a rectangle materializing and EUR/USD lacks an active bearish continuation as an indication of a breakout.
A rectangle is considered to be a useful bearish price action indicator that often signals the bulls have run out of steam in case if price breaks through the support.
It is likely that a bearish run towards the 1.08 level will occur as the currency pair becomes bearish.
Gold: Bullish Flag
XAU/USD,
1 hour
LONG
Oct 13
There is a bullish flag diagnosed.
A bullish flag signals that prices are likely to keep rallying upward once price breaks above resistance.
It is possible that a bullish continuation to 1892 will be made as bullish momentum increases.
Bitcoin: Bearish Rectangle
BTC/USD,
4 hours
SHORT
Mar 8
The price gives a bearish rectangle and BTC/USD calls for a more bearish impulse as a clue of a breakdown.
A bearish rectangle is considered to be a reliable indicator that predicts the bulls have run out of steam when price breaks out to the the downside.
BTC/USD to slide towards 22000 on a breakout of the bearish rectangle.
Bitcoin: Rectangle
BTC/USD,
1 hour
SHORT
Jan 22
A rectangle materializes and the price is ready to break out now.
Once price breakdown occurs, the move could predict a bearish price action.
BTC/USD to prolong the corrective phase towards 41500.