Open:
High:
Low:
Close:
USD/JPY: Ascending Channel
USD/JPY,
1 day
SHORT
Jul 18
An ascending channel occurs and the price is ready to break out now.
If price breaks out, the resulting move could identify a pause in an uptrending market.
A bearish run towards the 156 level looks likely on a breach of 157.5.
GBP/USD: Bullish Flag
GBP/USD,
1 day
LONG
Jul 5
The price creates a bullish flag and the price requires a steady move for clear breakout confirmation.
A bullish flag often results in a pause in a downtrending market if price breaks out.
GBP/USD violates bearish trendline to 1.28 as risk reversal sheds bearish bias.
USD/JPY: Rising Wedge
USD/JPY,
4 hours
SHORT
Jul 11
There is a rising wedge emerging.
A rising wedge spots a bearish price move if price breaks out.
Corrective downside to 161.4 is about to happen on a breakout of the rising wedge as USD/JPY keeps the bid tone.
USD/JPY: Ascending Triangle
USD/JPY,
1 hour
LONG
Mar 19
There is an ascending triangle turning up, USD/JPY calls for a further bigger move as evidence of a breakout.
An ascending triangle depicts a compelling bullish price action signal that is used to identify a bullish price action when price breaks out.
It is not ruled out that a bullish move towards the 149.4 mark will occur.
USD/JPY: Ascending Channel
USD/JPY,
1 hour
SHORT
Jul 11
There is an ascending channel recognized.
An ascending channel is considered to be a bearish price action indicator that is used to spot a bearish move if price breaks below support.
A bearish continuation towards 161.5 is about to happen as bears seeking a new low.
Bitcoin: Rising Wedge
BTC/USD,
1 day
SHORT
Jun 12
A rising wedge is close to completion, BTC/USD lacks a move for clear breakdown confirmation.
If price breaks out, the resulting move could indicate a temporary interruption during a rising market.
BTC/USD turns lower to the 66000 mark on a break below 67000.
Bitcoin: Rectangle
BTC/USD,
1 hour
SHORT
Jun 23
BTC/USD creates a rectangle.
A rectangle spots a bearish price move once price breaks down.
BTC/USD to drop towards 64250 on a breakout of the rectangle as the cryptocurrency becomes weak.
Bitcoin: Descending Channel
BTC/USD,
1 hour
LONG
33 hours ago
It looks like the price builds a descending channel and BTC/USD wants a next steady impulse up to confirm a breakout.
A descending channel depicts a compelling pattern that often spots a countertrend succeeding the current trend if price breaks through the resistance.
BTC/USD to move up towards 66000 as BTC/USD nears 65600 hurdle.
Bitcoin: Descending Channel
BTC/USD,
4 hours
LONG
Feb 26
A descending channel emerges and BTC/USD expects a more bigger move for clear breakout confirmation.
A descending channel denotes a bullish indicator that is used to spot a bullish move in case if price breaks out to the the upside.
It is not ruled out that a bullish push up to the 51800 zone will occur as the mood may improve.
EUR/USD: Descending Channel
EUR/USD,
1 hour
SHORT
3 days ago
We can see that a descending channel is almost completed.
A descending channel is believed to be a compelling bearish indicator that results in a next move down if price breaks out.
EUR/USD to continue lower towards 1.0875 on a breach of 1.0878.
EUR/USD: Descending Triangle
EUR/USD,
1 hour
SHORT
Apr 12
A descending triangle is diagnosed.
A descending triangle can be thought of as a specific signal that is used to signal a further move down if price breaks out.
EUR/USD looks for a setback to 1.07 once below 1.0704.
EUR/USD: Rectangle
EUR/USD,
1 hour
LONG
Nov 13
There is a rectangle observed and the price requests a further bigger bullish continuation as a sign of a breakout.
A rectangle depicts a useful bullish pattern that can be used to predict a sharp rise if price breaks out to the the upside.
EUR/USD pushes higher towards 1.071 on a upside break.