Open:
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ASCENDING TRIANGLE
Crude Oil
USOIL
1H
As we can see an ascending triangle appears.
An ascending triangle suggests a compelling bullish pattern that spots a bullish move in case if price breaks out to the the upside.
Crude-oil pushes higher to 89 as bulls seeking a new high.
ASCENDING CHANNEL
Ethereum
ETH/USD
1H
An ascending channel is spotted, ethusd expects strong push down as a verification of a breakdown.
An ascending channel identifies a price action indicator that identifies prices are likely to keep falling downward in case if price breaks through the support.
There is a chance of a rangebound towards the 1920 zone as the cryptocurrency becomes weaker.
BULLISH FLAG
EUR/USD
4H
There is a bullish flag identified and the price is ready to break out.
A bullish flag represents a reliable bullish formation that has a downward slope that results in a bullish move when price breaks through the resistance.
Eurusd dives out bearish trendline towards 1.144.
RECTANGLE
GBP/USD
1H
A rectangle is identified, the price is about to break out now.
A rectangle is considered to be a signal that predicts that the price to go up in case if price breaks above resistance.
It is likely that a bullish push up to 1.34 will happen while above 1.3388.
ASCENDING CHANNEL
Gold
XAU/USD
1H
There is an ascending channel emerging, gold asks for a bearish action as an information of a breakout.
An ascending channel describes a useful chart indicator that indicates a further move down if price breaks down.
Corrective downside to 4100 looks probable as gold looks offered.
ASCENDING CHANNEL
Bitcoin
BTC/USD
4H
An ascending channel is uncovered, the price needs next bigger pullback to confirm ascending channel breakout.
An ascending channel is believed to be a compelling indicator that can be used to identify a break in the price direction when price collapses through the support line.
Btcusd to extend its slide towards the 65000 level on a breach of 65800.
BEARISH FLAG
Ethereum
ETH/USD
4H
A bearish flag is very close to being completed, the price demands a more steady move for the certainty of breakout.
A bearish flag can be thought of as a chart pattern that is angled up that predicts that the price to go short when price breaks out to the the downside.
Ethusd to continue lower towards 1920 once below 1925.
BULLISH FLAG
Bitcoin
BTC/USD
1H
There is a bullish flag occuring and the price breaks out soon.
A bullish flag signals the bears have run out of steam in case if price breaks out.
A further bullish price action towards the 66200 level is probable as bulls lurking in demand zone.
PENNANT
USD/JPY
1H
There is a pennant emerging and usdjpy requires a further strong move as a clue of a breakout.
A pennant identifies a bearish price pattern that is used to signal a bearish price move when price breaks out to the the downside.
Usdjpy risks further downside to 163 on a breakout of the pennant as door open for the continuation of the downtrend.
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