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USD/JPY: Rectangle
USD/JPY,
1 hour
LONG
Sep 20
We can see that a rectangle is almost done and USD/JPY expects a more bigger move to confirm a breakout.
A rectangle is a specific bullish chart signal that indicates a bullish price action when price breaks out to the the upside.
There is a possibility of a move to 148 on a breakout of the rectangle.
USD/JPY: Rectangle
USD/JPY,
4 hours
SHORT
Jul 6
We can see that a rectangle has been detected and the price requests a move to confirm rectangle breakdown.
A rectangle is a compelling pattern that predicts a further move down in case if price collapses through the support line.
There is a probability of further decline to 144.
Bitcoin: Rectangle
BTC/USD,
1 hour
SHORT
Dec 10
There is a rectangle encountered.
In case if price breaks out to the the downside, the move could indicate a sharp decline.
BTC/USD to continue the dereciation trend to the 43600 level while below 43650.
EUR/USD: Rising Wedge
EUR/USD,
4 hours
SHORT
Mar 19
EUR/USD gives a rising wedge and the price is ready to break out now.
A rising wedge depicts a useful indicator that is used to identify a bearish price move once price breaks out.
It is not ruled out that corrective downside to 1.092 will take place as gains remain capped.
Ethereum: Descending Channel
ETH/USD,
1 hour
LONG
Jul 13
As we can see a descending channel has been recognized, the price wants a next move to confirm descending channel breakout.
A descending channel suggests a bullish pattern that is angled down that can be used to signal a downward trend is about to reverse into an upnward trend when price breaks out to the the upside.
It is not ruled out that a bullish continuation towards the 1890 zone will form on impulse above 1886 as indicators favor bulls.
Gold: Descending Channel
XAU/USD,
1 hour
LONG
May 1
There is a descending channel detected.
A descending channel provides a reliable indicator that typically identifies a next move up if price breaks above resistance.
XAU/USD to peak to the 2005 zone on a breach of 2003 amid XAU/USD reclaims part of the ground lost.
USD/JPY: Rectangle
USD/JPY,
1 hour
SHORT
Jul 6
A rectangle materializes.
When price breaks out to the the downside, the move could indicate a next move down.
USD/JPY looks for a setback towards 144 while below 144.1 as the currency pair becomes under pressure.
Gold: Bearish Flag
XAU/USD,
4 hours
SHORT
Feb 12
XAU/USD composes a bearish flag, XAU/USD demands more active push down to confirm bearish flag breakout.
A bearish flag represents a specific price action indicator that is used to signal a bearish price move if price breakdown occurs.
XAU/USD to suffer a steeper decline to 2035 as bears looking for downside correction.
EUR/USD: Ascending Channel
EUR/USD,
1 hour
SHORT
Oct 12
There is an ascending channel discovered.
When price breaks out to the the downside, the move could indicate a next move down.
It is possible that a bearish run to 1.059 will happen on a breakout of the ascending channel.
Crude Oil: Ascending Triangle
USOIL,
1 hour
SHORT
May 30
There is an ascending triangle materializing, the price breaks out now.
Once price breaks through the support, the move could spot the more likely potential of falling prices.
It is not ruled out that a bearish price action towards 72 will occur as the commodity nears 72.5 hurdle.
GBP/USD: Ascending Channel
GBP/USD,
1 day
SHORT
Mar 22
There is an ascending channel arising.
An ascending channel often results in a bearish price action once price breaks down.
GBP/USD challenges a move to 1.26 on a breakout of the ascending channel.
Bitcoin: Bearish Flag
BTC/USD,
1 hour
SHORT
Apr 17
BTC/USD completes a bearish flag and the price calls for a further bearish move to confirm bearish flag breakout.
A bearish flag identifies a price action pattern that typically results in that the price to go short once price collapses through the support line.
A bearish run towards 30100 looks possible.