Open:
High:
Low:
Close:
PENNANT
Bitcoin
BTC/USD
1H
A pennant is almost done.
When price breaks through the resistance, the resulting move could spot that the price to go up.
There is a possibility of a bullish push up towards 90500.
PENNANT
Bitcoin
BTC/USD
1H
There is a pennant forming, the price is ready to break out now.
When price breaks out, the resulting move could identify the bulls have run out of steam.
Btcusd to slump towards 89000 once below 89200 amid the cryptocurrency recedes from recent highs.
PENNANT
Ethereum
ETH/USD
1H
It seems like a pennant arises.
If price breakdown occurs, the move could signal that the price to go down.
Ethusd to extend the fall towards 2900.
ASCENDING CHANNEL
Crude Oil
USOIL
1H
There is an ascending channel noticed.
An ascending channel denotes a reliable bearish chart pattern that typically results in a bearish price action if price breaks through the support.
Crude-oil to accomodate towards the 59 zone on impulse below 59.4.
ASCENDING TRIANGLE
GBP/USD
1H
There is an ascending triangle arising and the price requires a further strong move as proof of a breakout.
When price breaks out to the the upside, the move could indicate that prices are likely to keep rallying upward.
There is a possibility of a bullish move towards the 1.346 level amid rising bets for the move.
DESCENDING TRIANGLE
Gold
XAU/USD
1H
A descending triangle is spotted.
A descending triangle describes a compelling bullish price action indicator that results in a sharp rise if price breaks out.
Gold points to the upside to the 4840 zone as gold becomes bullish.
BULLISH FLAG
EUR/USD
1H
A bullish flag happens, the price is ready to break out.
When price breaks above resistance, the resulting move could signal a bullish move.
A further bullish push up towards 1.172 stays on the cards.
ASCENDING CHANNEL
Crude Oil
USOIL
1H
An ascending channel occurs, the price lacks a next strong move to confirm a breakdown.
When price breaks through the support, the resulting move could indicate a trend change to the downside.
There is a possibility of a bearish continuation to the 59 level while below 59.5.
BULLISH FLAG
EUR/USD
1H
There is a bullish flag encountered, eurusd lacks a next steady bullish action as an information of a breakout.
A bullish flag identifies a further move up if price breaks through the resistance.
Eurusd to accomodate to the 1.172 zone on a breakout of the bullish flag.
Disclaimer.
No Investment Advice Provided.
Any opinions, chats, messages, news, research, analyses, prices, or other information contained on this Website are provided as general market information for educational and entertainment purposes only, and do not constitute investment advice.
The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes.
Patterns.cc will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Risk Disclosure.
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.