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Ethereum: Ascending Channel
ETH/USD,
1 hour
SHORT
Dec 11
There is an ascending channel found and the price is about to break out now.
An ascending channel identifies a compelling chart pattern with an upward bias that is used to predict extending an downtrend once price breaks out to the the downside.
It is likely that a bearish push down to 2320 will form while below 2330.
USD/JPY: Rectangle
USD/JPY,
1 hour
LONG
Sep 20
We can see that a rectangle is almost done and USD/JPY expects a more bigger move to confirm a breakout.
A rectangle is a specific bullish chart signal that indicates a bullish price action when price breaks out to the the upside.
There is a possibility of a move to 148 on a breakout of the rectangle.
USD/JPY: Rectangle
USD/JPY,
4 hours
SHORT
Jul 6
We can see that a rectangle has been detected and the price requests a move to confirm rectangle breakdown.
A rectangle is a compelling pattern that predicts a further move down in case if price collapses through the support line.
There is a probability of further decline to 144.
Bitcoin: Rectangle
BTC/USD,
1 hour
SHORT
Dec 10
There is a rectangle encountered.
In case if price breaks out to the the downside, the move could indicate a sharp decline.
BTC/USD to continue the dereciation trend to the 43600 level while below 43650.
Ethereum: Descending Channel
ETH/USD,
1 hour
LONG
Jul 13
As we can see a descending channel has been recognized, the price wants a next move to confirm descending channel breakout.
A descending channel suggests a bullish pattern that is angled down that can be used to signal a downward trend is about to reverse into an upnward trend when price breaks out to the the upside.
It is not ruled out that a bullish continuation towards the 1890 zone will form on impulse above 1886 as indicators favor bulls.
Gold: Descending Channel
XAU/USD,
1 hour
LONG
May 1
There is a descending channel detected.
A descending channel provides a reliable indicator that typically identifies a next move up if price breaks above resistance.
XAU/USD to peak to the 2005 zone on a breach of 2003 amid XAU/USD reclaims part of the ground lost.
USD/JPY: Rectangle
USD/JPY,
1 hour
SHORT
Jul 6
A rectangle materializes.
When price breaks out to the the downside, the move could indicate a next move down.
USD/JPY looks for a setback towards 144 while below 144.1 as the currency pair becomes under pressure.
EUR/USD: Ascending Channel
EUR/USD,
1 hour
SHORT
Oct 12
There is an ascending channel discovered.
When price breaks out to the the downside, the move could indicate a next move down.
It is possible that a bearish run to 1.059 will happen on a breakout of the ascending channel.
Crude Oil: Ascending Triangle
USOIL,
1 hour
SHORT
May 30
There is an ascending triangle materializing, the price breaks out now.
Once price breaks through the support, the move could spot the more likely potential of falling prices.
It is not ruled out that a bearish price action towards 72 will occur as the commodity nears 72.5 hurdle.
Bitcoin: Bearish Flag
BTC/USD,
1 hour
SHORT
Apr 17
BTC/USD completes a bearish flag and the price calls for a further bearish move to confirm bearish flag breakout.
A bearish flag identifies a price action pattern that typically results in that the price to go short once price collapses through the support line.
A bearish run towards 30100 looks possible.
Ethereum: Ascending Triangle
ETH/USD,
1 hour
LONG
Nov 9
There is an ascending triangle uncovered and ETH/USD requests a next move as a signal of a breakout.
An ascending triangle typically spots an extension in the upward direction when price breaks above resistance.
There is a chance of a bullish price action towards 1905 while above 1902 as ETH/USD is at a brink of a bullish breakout.
Gold: Ascending Triangle
XAU/USD,
1 hour
SHORT
Jan 5
An ascending triangle has been distinguished.
An ascending triangle denotes a pattern that typically signals a next move down if price breaks down.
Decline towards the 2050 zone is not ruled out on a breakout of the ascending triangle.