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Bitcoin: Bearish Flag
BTC/USD,
1 hour
SHORT
Sep 24
It looks like a bearish flag has been determined.
A bearish flag spots a temporary interruption during a rising market once price breaks down.
It is possible that a bearish move towards the 26560 mark will happen on a breakout of the bearish flag as BTC/USD nears 26560 hurdle.
Gold: Descending Channel
XAU/USD,
1 hour
LONG
Feb 28
EUR/USD: Ascending Triangle
EUR/USD,
4 hours
LONG
Nov 14
As we can see an ascending triangle turns up, EUR/USD requests a bigger move for the certainty of breakout.
An ascending triangle is believed to be a specific bullish price indicator that identifies that the price to go long once price breaks through the resistance.
There is a probability of a rangebound towards the 1.072 zone as EUR/USD is at a brink of a bullish breakout.
Ethereum: Descending Channel
ETH/USD,
1 day
LONG
Sep 28
A descending channel turns up and ETH/USD asks for a bullish continuation for clear breakout confirmation.
A descending channel typically identifies that the price to go long when price breaks out to the the upside.
ETH/USD to peak to 2700 on a breakout of the descending channel.
Bitcoin: Pennant
BTC/USD,
1 hour
SHORT
Jul 30
A pennant is close to being done and the price is about to break out.
A pennant is believed to be a technical bearish price formation that typically predicts the bulls have run out of steam once price breaks out to the the downside.
Extra downside to the 29300 level is going to happen as upside pressure seen easing.
EUR/USD: Rectangle
EUR/USD,
1 hour
LONG
Sep 18
There is a rectangle diagnosed.
A rectangle suggests a compelling price action formation that often predicts a bullish move when price breaks above resistance.
EUR/USD looks north towards 1.115 on a break above 1.1142.
USD/JPY: Bearish Rectangle
USD/JPY,
1 hour
SHORT
Aug 2
There is a bearish rectangle diagnosed.
A bearish rectangle typically spots an extension in the downward direction if price breaks through the support.
USD/JPY could attempt a move towards the 148.5 level.
USD/JPY: Descending Triangle
USD/JPY,
1 hour
LONG
Mar 26
A descending triangle has been spotted, the price is close to breaking out now.
A descending triangle depicts a useful signal that results in a sharp rise if price breaks above resistance.
USD/JPY to prolong the growth phase towards 151.4.
GBP/USD: Descending Channel
GBP/USD,
1 hour
LONG
Dec 13
A descending channel has been exposed and GBP/USD demands a bigger move to confirm descending channel breakout.
A descending channel denotes a technical indicator that is used to identify a temporary interruption during a falling market when price breaks above resistance.
GBP/USD to move upward towards the 1.258 level on impulse above 1.256.
Bitcoin: Ascending Triangle
BTC/USD,
1 hour
SHORT
Apr 12
There is an ascending triangle encountered, the price breaks out now.
An ascending triangle tends to be a useful bearish pattern that can be used to spot a temporary interruption of an existing trend if price collapses through the support line.
There is a possibility of a move to 70000.
EUR/USD: Bullish Flag
EUR/USD,
1 hour
LONG
Jul 6
A bullish flag has been recognized.
A bullish flag tends to be a price action indicator that often results in a potential bullish reversal in price action in case if price breaks out.
EUR/USD is bullish and en route to 1.09 on a breakout of the bullish flag.
Gold: Ascending Channel
XAU/USD,
1 hour
SHORT
Jul 5
There is an ascending channel forming.
An ascending channel can be thought of as a reliable price action formation that often results in that prices move counter to the prevailing price trend when price breakdown occurs.
There is a possibility of a bearish continuation towards 1930 as bears look for entries.