Open:
High:
Low:
Close:
Gold: Ascending Triangle
XAU/USD,
1 hour
LONG
Feb 29
Bitcoin: Pennant
BTC/USD,
4 hours
SHORT
3 days ago
It seems like BTC/USD gives a pennant and BTC/USD needs a next move as a verification of a breakdown.
A pennant identifies a specific bearish chart signal that typically signals the bulls have run out of steam if price breaks out to the the downside.
There is a possibility of a further bearish move to 86000 on a breakdown of the pennant as the cryptocurrency is at a brink of a bearish breakout.
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.
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.
USD/JPY: Ascending Channel
USD/JPY,
1 hour
SHORT
2 days ago
An ascending channel comes out.
An ascending channel is said to depict a specific bearish price action indicator that results in reversals in uptrends in case if price breakdown occurs.
There is a chance of a bearish run to 150.2 on a breakout of the ascending channel.
Bitcoin: Ascending Channel
BTC/USD,
4 hours
SHORT
4 days ago
As we can see BTC/USD sets up an ascending channel, the price is about to break out.
An ascending channel typically indicates a sharp decline once price breaks below support.
There is a probability of a bearish run to 87000 on a breakout of the ascending channel as upside pressure seen easing.
Ethereum: Pennant
ETH/USD,
1 hour
SHORT
9 hours ago
There is a pennant materializing.
A pennant describes a useful bearish pattern that is used to identify extending an downtrend if price breaks down.
ETH/USD set to lose more ground to the 1820 level.
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.
GBP/USD: Descending Channel
GBP/USD,
4 hours
LONG
5 days ago
A descending channel develops, the price is going to break out.
If price breaks through the resistance, the move could spot a move up.
It is possible that a bullish price action to the 1.296 zone will be made as GBP/USD is at a brink of a bullish breakout.
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.
Bitcoin: Pennant
BTC/USD,
1 hour
SHORT
9 hours ago
We can see that a pennant appears and the price is ready to break out.
A pennant denotes a technical bearish formation that signals an extension in the downward direction when price breaks through the support.
There is a possibility of corrective downside towards 82500 on a breakout of the pennant.