Open:
High:
Low:
Close:
Gold: Descending Triangle
XAU/USD,
1 hour
SHORT
Dec 8
A descending triangle has been determined, XAU/USD requires next pullback for the certainty of breakout.
When price breaks down, the move could identify that the price to go short.
A rangebound to 2044 is likely on a breakout of the descending triangle.
GBP/USD: Ascending Channel
GBP/USD,
1 hour
SHORT
Jan 31
It looks like an ascending channel has been identified.
When price breaks through the support, the move could identify a next move down.
It is likely that corrective downside to the 1.24 level will happen on a breakdown of the ascending channel.
Bitcoin: Ascending Channel
BTC/USD,
4 hours
SHORT
Feb 23
BTC/USD builds an ascending channel.
An ascending channel tends to be a useful pattern that can be used to indicate a move down in case if price breaks out to the the downside.
It is likely that a further bearish price action towards 95000 will be made as the mood may get worse.
Gold: Rectangle
XAU/USD,
1 hour
SHORT
Feb 22
A rectangle has been exposed, the price breaks out now.
A rectangle often predicts prices are likely to keep falling downward when price breaks through the support.
XAU/USD to nosedive towards 2032 on a breakout of the rectangle.
EUR/USD: Descending Channel
EUR/USD,
1 hour
LONG
Aug 4
A descending channel is close to completion, the price is about to break out now.
A descending channel tends to be a reliable pattern that is angled down that typically predicts that the price to go long in case if price breaks through the resistance.
EUR/USD now looks to the 1.096 level.
GBP/USD: Ascending Channel
GBP/USD,
1 hour
SHORT
Aug 1
There is an ascending channel materializing and GBP/USD calls for a bigger move for the certainty of breakout.
In case if price breakdown occurs, the move could indicate a bearish price action.
It is possible that a bearish push down to 1.283 will take place.
Ethereum: Descending Channel
ETH/USD,
4 hours
LONG
Sep 19
There is a descending channel encountered.
A descending channel identifies a useful bullish chart pattern that is used to spot a change in the prevailing trend when price breaks out to the the upside.
There is a probability of a bullish price action towards 2500.
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.
Ethereum: Ascending Triangle
ETH/USD,
1 hour
SHORT
Jan 12
We can see that an ascending triangle is almost completed and the price is ready to break out soon.
An ascending triangle typically spots extending an downtrend once price breakdown occurs.
ETH/USD opens door for a move to the 3220 zone on a breach of 3240.
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.