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USD/JPY: Descending Channel
USD/JPY,
1 hour
LONG
Apr 27
A descending channel happens and the price is about to break out.
A descending channel can be thought of as a reliable pattern that is used to identify a countertrend succeeding the current trend if price breaks through the resistance.
A further bullish continuation to 134 about to be made.
EUR/USD: Descending Channel
EUR/USD,
4 hours
LONG
Mar 4
We can see that a descending channel has been spotted.
A descending channel is said to depict a useful price action pattern that is angled down that can be used to predict a bullish price action in case if price breaks above resistance.
EUR/USD to continue higher towards 1.055 on a breakout of the descending channel as EUR/USD nears 1.05 hurdle.
Bitcoin: Bearish Flag
BTC/USD,
1 hour
SHORT
4 days ago
A bearish flag emerges and the price requests a bigger correction as a verification of a breakout.
A bearish flag is believed to be a compelling formation that often predicts the bulls have run out of steam when price breaks below support.
Btcusd set to fall towards the 91200 zone.
Ethereum: Rectangle
ETH/USD,
1 hour
LONG
Jun 29
There is a rectangle forming, the price needs a further move as proof of a breakout.
A rectangle is considered to be a technical signal that is used to identify the bears have run out of steam if price breaks above resistance.
ETH/USD to look for a further push towards 2450 while above 2446.
Gold: Symmetrical Triangle
XAU/USD,
1 day
LONG
Aug 27
There is a symmetrical triangle spotted and gold wants a next bullish impulse as proof of a breakout.
A symmetrical triangle is considered to be a technical chart pattern that often results in that the price to go long once price breaks through the resistance.
There is a possibility of a bullish run towards the 3450 mark on a breakout of the symmetrical triangle.
GBP/USD: Descending Channel
GBP/USD,
1 hour
LONG
2 days ago
There is a descending channel poping up.
A descending channel tends to be a reliable bullish price pattern that can be used to signal an extension in the upward direction when price breaks through the resistance.
Gbpusd turns higher to 1.324 while above 1.3215.
Bitcoin: Descending Triangle
BTC/USD,
1 hour
SHORT
Mar 9
There is a descending triangle developing and the price is ready to break out soon.
A descending triangle is considered to be a compelling bearish signal that can be used to signal that the price to go down when price breaks through the support.
It is possible that a bearish continuation to 85500 will be made.
USD/JPY: Rectangle
USD/JPY,
1 hour
SHORT
Jan 15
There is a rectangle detected.
A rectangle tends to be a specific bearish chart pattern that indicates a bearish price move when price breaks through the support.
USD/JPY risks a correction towards 157.2 on a breakout of the rectangle.
GBP/USD: Falling Wedge
GBP/USD,
4 hours
LONG
Nov 21
There is a falling wedge discovered.
A falling wedge is said to depict a useful chart formation that typically identifies a bullish price move if price breaks out.
Gbpusd pushes higher towards the 1.315 mark as gbpusd becomes supported.
EUR/USD: Descending Channel
EUR/USD,
1 day
LONG
Nov 14
A descending channel has been uncovered.
A descending channel signals that the price to go long in case if price breaks out.
There is a probability of a bullish price action towards 1.17 on a upside break as the currency pair nears 1.16 hurdle.
Ethereum: Bullish Rectangle
ETH/USD,
1 hour
LONG
Oct 14
It looks like a bullish rectangle has been discovered and ETH/USD needs a bigger bullish continuation as a signal of a breakout.
A bullish rectangle suggests a reliable bullish indicator that is used to predict that the price to go up once price breaks out.
ETH/USD to have better chances of advancing towards 2500 on a breakout of the bullish rectangle.
Bitcoin: Rising Wedge
BTC/USD,
1 hour
SHORT
Jan 7
A rising wedge is diagnosed, the price is ready to break out.
A rising wedge is considered to be a compelling chart indicator that typically spots that the price to go down if price breaks through the support.
A bearish move to 99000 is possible.