Open:
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Low:
Close:
USD/JPY: Rectangle
USD/JPY,
1 day
SHORT
Nov 29
It looks like a rectangle has been uncovered and USD/JPY needs a bigger correction to confirm a breakout.
A rectangle often results in the more likely potential of falling prices in case if price breakdown occurs.
USD/JPY could attempt a move towards 147 on impulse below 148.2.
USD/JPY: Descending Channel
USD/JPY,
1 hour
LONG
Feb 13
There is a descending channel noticed, the price is going to break out soon.
In case if price breaks out to the the upside, the move could signal a bullish move.
A bullish push up towards 149.6 is probable while above 149.48 as USD/JPY challenges 149.48 hurdle.
Bitcoin: Ascending Triangle
BTC/USD,
1 hour
LONG
Apr 25
We can see that an ascending triangle is close to being complete and the price is ready to break out.
An ascending triangle is considered to be a technical bullish price action formation that is used to indicate a further move up if price breaks out.
BTC/USD to continue higher towards 27800 as the cryptocurrency challenges 27650 hurdle.
Crude Oil: Ascending Channel
USOIL,
1 hour
SHORT
Oct 11
It looks like the price establishes an ascending channel and the price is ready to break out.
An ascending channel often identifies an interruption of an uptrend once price breakdown occurs.
USOIL turns bearish to the 85.6 zone as indicators turn bearish.
USD/JPY: Ascending Channel
USD/JPY,
1 day
SHORT
Nov 18
An ascending channel is recognized.
An ascending channel depicts a technical chart signal that typically predicts price heading to a new direction once price breaks through the support.
USD/JPY targets a move towards the 148 zone on impulse below 150 amid rising bets for the move.
Ethereum: Ascending Triangle
ETH/USD,
1 hour
SHORT
Jun 5
An ascending triangle is distinguished, the price is ready to break out.
An ascending triangle is a technical price action indicator that results in that the price to go short once price breaks out to the the downside.
There is a chance of a bearish price action to the 1895 zone while lower than 1896.
Gold: Ascending Channel
XAU/USD,
1 hour
SHORT
Jun 7
It seems like an ascending channel is almost done and XAU/USD demands a further steady bearish impulse for clear breakout confirmation.
An ascending channel is considered to be a useful price action formation that identifies that the price to go down when price breaks through the support.
It is possible that a bearish move towards 1976 will form.
Ethereum: Bearish Flag
ETH/USD,
1 hour
SHORT
Jan 21
We can see that a bearish flag is spotted.
A bearish flag describes a technical bearish price pattern that has an upward slope that typically identifies the more likely potential of falling prices when price breaks through the support.
There is a chance of extra downside towards 2465 on a breakout of the bearish flag.
USD/JPY: Descending Channel
USD/JPY,
1 hour
LONG
Jun 1
We can see that USD/JPY completes a descending channel, the price is about to break out.
Once price breaks out, the resulting move could identify a bullish price move.
It is possible that a further bullish continuation towards the 140 zone will take place once above 139.7.
Ethereum: Descending Triangle
ETH/USD,
1 hour
LONG
Jul 2
A descending triangle is exposed, the price requires a next bigger bullish impulse as a signal of a breakout.
A descending triangle suggests a reliable bullish formation with a downward bias that is used to predict that the price to go long when price breaks out to the the upside.
ETH/USD to prolong the growth phase towards the 1930 level.
Bitcoin: Bullish Flag
BTC/USD,
1 hour
LONG
Dec 8
It looks like a bullish flag arises, the price is close to breaking out soon.
A bullish flag is believed to be a specific indicator that is used to signal price reversal after a pause if price breaks out.
A rangebound towards the 43600 level is probable on impulse above 43500.
GBP/USD: Falling Wedge
GBP/USD,
4 hours
LONG
Dec 12
There is a falling wedge noticed and GBP/USD needs a next move as an information of a breakout.
A falling wedge results in a countertrend succeeding the current trend once price breaks out.
GBP/USD to strengthen to 1.26.