Open:
High:
Low:
Close:
Bitcoin: Descending Channel
BTC/USD,
4 hours
LONG
Dec 1
There is a descending channel forming, the price is close to breaking out now.
Once price breaks above resistance, the resulting move could identify that the price to go long.
It is likely that a bullish push up to 38500 will occur on a breakout of the descending channel as there is room for a upside correction.
Bitcoin: Rectangle
BTC/USD,
1 hour
SHORT
Sep 22
There is a rectangle detected and the price is close to breaking out.
A rectangle spots a bearish price action if price breaks down.
There is a chance of a bearish move to 62600 on a breakdown of the rectangle as the cryptocurrency sticks to the negative mood.
GBP/USD: Bearish Flag
GBP/USD,
4 hours
SHORT
Jan 11
GBP/USD sets up a bearish flag.
A bearish flag suggests a useful bearish pattern that typically identifies extending an downtrend if price breaks through the support.
GBP/USD could extend its slump to the 1.265 zone.
GBP/USD: Rectangle
GBP/USD,
4 hours
LONG
Mar 5
There is a rectangle noticed and GBP/USD expects a further active move as evidence of a breakout.
A rectangle is considered to be a useful price formation that is used to predict a next move up when price breaks out to the the upside.
It is possible that a further bullish run to the 1.272 zone will form.
GBP/USD: Descending Channel
GBP/USD,
4 hours
LONG
Aug 9
There is a descending channel noticed and the price expects a more steady bullish move as a clue of a breakout.
A descending channel is considered to be a specific formation that is angled down that can be used to signal a trend change to the upside when price breaks out.
There is a probability of a bullish run towards 1.28.
Bitcoin: Rectangle
BTC/USD,
1 hour
SHORT
Feb 20
It looks like a rectangle emerges.
A rectangle often identifies a sharp decline in case if price breaks below support.
BTC/USD risks extending drop towards 51400 on a breach of 51550.
USD/JPY: Ascending Channel
USD/JPY,
1 hour
SHORT
Sep 20
An ascending channel appears and USD/JPY demands a more strong move for the certainty of breakout.
An ascending channel indicates a move down if price breaks below support.
A bearish continuation towards 147.6 is probable.
Bitcoin: Ascending Channel
BTC/USD,
1 hour
SHORT
Jul 22
There is an ascending channel detected, BTC/USD calls for a bigger correction as an indication of a breakout.
An ascending channel is believed to be a technical indicator that typically predicts price heading to a new direction once price breaks out to the the downside.
BTC/USD could recede towards 66500 on a breach of 66900 as BTC/USD becomes weaker.
Ethereum: Ascending Triangle
ETH/USD,
1 hour
LONG
May 14
An ascending triangle has been identified.
An ascending triangle typically predicts extending an uptrend in case if price breaks out to the the upside.
A bullish price action to 1815 is on the cards.
USD/JPY: Descending Channel
USD/JPY,
1 hour
LONG
Feb 2
There is a descending channel determined and USD/JPY lacks a further active impulse up to confirm descending channel breakout.
A descending channel results in a break during a downtrending market when price breaks through the resistance.
USD/JPY could attempt a move towards 146.6 on a breakout of the descending channel.
Crude Oil: Ascending Channel
USOIL,
1 hour
SHORT
Dec 12
An ascending channel is close to being complete and the price is ready to break out soon.
An ascending channel spots an upward trend is nearing its end when price breaks out to the the downside.
A bearish continuation towards 70.6 is not ruled out as USOIL challenges 70.85 hurdle.
Ethereum: Ascending Channel
ETH/USD,
1 hour
SHORT
Sep 24
An ascending channel comes out and the price requires a next bigger move as an indication of a breakdown.
An ascending channel identifies a specific bearish signal that identifies a move down if price breaks out.
ETH/USD to suffer further downside towards 1590.