Open:
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USD/JPY: Rectangle
USD/JPY,
1 hour
SHORT
May 15
A rectangle has been encountered.
When price breakdown occurs, the resulting move could signal the bulls have run out of steam.
USD/JPY could drop to 156.1.
USD/JPY: Ascending Triangle
USD/JPY,
4 hours
LONG
Nov 17
As we can see usdjpy establishes an ascending triangle and the price is ready to break out.
An ascending triangle can be thought of as a reliable pattern that signals a bullish move when price breaks through the resistance.
Usdjpy to resume its rise to 155.2 on a break above 155 as bulls lurking in demand zone.
Ethereum: Pennant
ETH/USD,
1 hour
LONG
2 days ago
It looks like a pennant is very close to being finished.
A pennant describes a chart indicator that can be used to identify a move up when price breaks out to the the upside.
A bullish continuation towards the 2820 zone is on the way.
GBP/USD: Rectangle
GBP/USD,
1 hour
LONG
46 hours ago
A rectangle is revealed, gbpusd requires a more bigger move as an information of a breakout.
A rectangle is considered to be a pattern that results in that the price to go up in case if price breaks through the resistance.
It is not ruled out that a rangebound towards 1.326 will be made while above 1.325.
GBP/USD: Ascending Channel
GBP/USD,
4 hours
SHORT
Jul 1
There is an ascending channel emerging.
An ascending channel describes a useful price indicator that is used to predict a countertrend succeeding the current trend once price breaks through the support.
GBP/USD to continue lower towards the 1.37 mark.
Ethereum: Ascending Triangle
ETH/USD,
1 hour
SHORT
Sep 24
An ascending triangle has been identified.
An ascending triangle suggests a useful price indicator that can be used to predict a bearish price move if price breaks out.
It is not ruled out that a bearish push down to 4140 will form.
GBP/USD: Descending Channel
GBP/USD,
1 day
LONG
Nov 26
It looks like a descending channel occurs and the price is about to break out.
When price breaks out to the the upside, the move could predict a break during a downtrending market.
A bullish continuation to the 1.32 mark looks probable.
Ethereum: Rising Wedge
ETH/USD,
4 hours
SHORT
6 days ago
As we can see a rising wedge comes out, ethusd requires a steady move as evidence of a breakout.
A rising wedge represents a useful indicator that typically indicates a bearish move once price breaks out.
It is possible that a bearish continuation to 3000 will happen as the cryptocurrency nears 3040 hurdle.
EUR/USD: Ascending Triangle
EUR/USD,
1 hour
LONG
Apr 2
EUR/USD composes an ascending triangle, EUR/USD demands further steady push up for the certainty of breakout.
An ascending triangle denotes a technical price action indicator that often indicates a sharp rise when price breaks above resistance.
It is likely that a further bullish move to the 1.084 mark will be made as the currency pair nears 1.0828 hurdle.
EUR/USD: Rectangle
EUR/USD,
4 hours
LONG
Nov 26
There is a rectangle emerging, the price needs next steady rise as proof of a breakout.
A rectangle tends to be a reliable signal that often predicts a sharp rise when price breaks above resistance.
A bullish price action to the 1.16 mark is about to happen as the currency pair looks bid.
USD/JPY: Rising Wedge
USD/JPY,
1 hour
SHORT
Oct 3
It seems like a rising wedge is close to being completed and USD/JPY asks for a move for the certainty of breakout.
A rising wedge provides a specific pattern that indicates prices are likely to keep falling downward in case if price breaks out.
Decline towards 149.6 stays on the cards.
Bitcoin: Descending Triangle
BTC/USD,
1 hour
LONG
Jan 5
The price sets up a descending triangle, BTC/USD demands a next active move to confirm a breakout.
When price breaks through the resistance, the resulting move could indicate that the price to go up.
BTC/USD advances higher towards 98400 amid the cryptocurrency recovers from recent lows.