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EUR/USD: Bearish Rectangle
EUR/USD,
1 hour
SHORT
Mar 28
There is a bearish rectangle spotted and the price requires a more active correction as a verification of a breakdown.
A bearish rectangle is believed to be a useful bearish pattern that typically indicates that the price to go down once price breaks out.
EUR/USD could attempt a move towards 1.0805 as outlook for the currency pair stays negative.
Ethereum: Rising Wedge
ETH/USD,
4 hours
SHORT
4 days ago
The price gives a rising wedge and the price lacks a further correction as a signal of a breakdown.
A rising wedge denotes a compelling chart formation that typically spots a further move down in case if price breaks out.
ETH/USD to extend the fall to the 3100 mark.
EUR/USD: Ascending Channel
EUR/USD,
4 hours
SHORT
Jan 29
An ascending channel is uncovered and the price is ready to break out.
An ascending channel signals a break in the price direction when price breaks down.
EUR/USD risks suffer setback to the 1.042 mark on a downside break as the mood may get worse.
Bitcoin: Pennant
BTC/USD,
1 hour
LONG
Oct 15
There is a pennant identified and the price wants a more move as an indication of a breakout.
A pennant can be thought of as a specific pattern that typically results in a bullish price move when price breaks out.
BTC/USD to have better chances of advancing towards the 26900 zone as BTC/USD becomes bid.
Bitcoin: Rising Wedge
BTC/USD,
4 hours
SHORT
5 days ago
A rising wedge occurs.
A rising wedge is said to depict a technical bearish signal that spots a bearish price move if price breaks out to the the downside.
BTC/USD set to extend its decline to the 102000 zone.
USD/JPY: Rectangle
USD/JPY,
1 day
SHORT
6 days ago
A rectangle turns up.
A rectangle results in the bulls have run out of steam when price breaks down.
A bearish continuation towards 153 is likely to happen on a downside break.
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: 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.
EUR/USD: Descending Channel
EUR/USD,
1 hour
LONG
Aug 2
A descending channel has been discovered, EUR/USD requests a move as a clue of a breakout.
A descending channel is said to depict a technical formation that has a downward slope that can be used to signal a potential reversal in price action in case if price breaks above resistance.
EUR/USD to move up towards 1.084 once beyond 1.0815.
EUR/USD: Ascending Channel
EUR/USD,
1 hour
SHORT
6 days ago
There is an ascending channel developing, the price is ready to break out now.
An ascending channel is believed to be a reliable bearish price action signal that often spots a bearish move in case if price breaks below support.
EUR/USD set to lose more ground to the 1.038 level.
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.