Open:
High:
Low:
Close:
Ethereum: Ascending Channel
ETH/USD,
4 hours
SHORT
5 days ago
There is an ascending channel detected and ETH/USD asks for a more active move as an information of a breakdown.
In case if price collapses through the support line, the resulting move could spot an extension in the downward direction.
A bearish push down to the 2600 zone looks probable on a breakout of the ascending channel as ETH/USD becomes bearish.
Gold: Ascending Triangle
XAU/USD,
1 hour
LONG
Feb 29
EUR/USD: Ascending Triangle
EUR/USD,
4 hours
SHORT
5 days ago
As we can see an ascending triangle is almost completed and EUR/USD requests a bearish continuation as a sign of a breakout.
An ascending triangle denotes a technical chart formation that typically spots an extension in the downward direction in case if price breakdown occurs.
A further bearish price action to the 1.114 level is likely to happen on impulse below 1.1165.
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: Descending Channel
USD/JPY,
1 day
LONG
Sep 26
It seems like a descending channel is nearing completion, the price requests a further active impulse up as an indication of a breakout.
A descending channel is a price indicator that results in a bullish move once price breaks out.
USD/JPY to prolong the growth phase towards 146 on a breakout of the descending channel.
Bitcoin: Ascending Channel
BTC/USD,
4 hours
SHORT
5 days ago
An ascending channel is almost finished, BTC/USD requires a further bearish action as an information of a breakout.
An ascending channel often indicates a trend change to the downside when price breakdown occurs.
There is a chance of a move to the 63000 mark.
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.
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.