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USD/JPY: Descending Channel
USD/JPY,
1 day
LONG
Sep 25
It looks like the price shapes a descending channel and the price demands a further move as evidence of a breakout.
If price breaks out, the move could predict a move up.
Usdjpy could attempt a move to 149 while above 148.4 as the wind continues blowing in favor of the currency pair.
Bitcoin: Ascending Channel
BTC/USD,
1 hour
SHORT
Jan 12
An ascending channel is close to completion, BTC/USD expects a more strong bearish impulse as an information of a breakdown.
An ascending channel represents a bearish formation that often spots a bearish price move when price breaks down.
There is a possibility of a bearish continuation towards the 93500 mark on a breakout of the ascending channel as indicators turn bearish.
Bitcoin: Ascending Triangle
BTC/USD,
1 hour
SHORT
Jun 23
There is an ascending triangle turning up, the price wants a bigger correction to confirm a breakdown.
An ascending triangle is believed to be a useful price action formation that is used to predict a sharp decline once price breaks down.
It is likely that corrective downside to the 64300 zone will take place on a breakout of the ascending triangle as bears seeking a new low.
Ethereum: Ascending Channel
ETH/USD,
1 hour
SHORT
Jan 7
There is an ascending channel forming.
An ascending channel indicates a break during an uptrending market if price collapses through the support line.
It is possible that a bearish run towards the 3640 zone will form as the cryptocurrency keeps the bid tone.
EUR/USD: Descending Channel
EUR/USD,
1 hour
SHORT
Jul 23
We can see that a descending channel is almost completed.
A descending channel is believed to be a compelling bearish indicator that results in a next move down if price breaks out.
EUR/USD to continue lower towards 1.0875 on a breach of 1.0878.
USD/JPY: Descending Channel
USD/JPY,
1 hour
LONG
Feb 13
There is a descending channel noticed, the price is going to break out soon.
In case if price breaks out to the the upside, the move could signal a bullish move.
A bullish push up towards 149.6 is probable while above 149.48 as USD/JPY challenges 149.48 hurdle.
Bitcoin: Ascending Triangle
BTC/USD,
1 hour
LONG
Apr 25
We can see that an ascending triangle is close to being complete and the price is ready to break out.
An ascending triangle is considered to be a technical bullish price action formation that is used to indicate a further move up if price breaks out.
BTC/USD to continue higher towards 27800 as the cryptocurrency challenges 27650 hurdle.
EUR/USD: Ascending Channel
EUR/USD,
4 hours
SHORT
Oct 20
The price creates an ascending channel and eurusd requires strong fall as an information of a breakdown.
An ascending channel identifies a specific formation with an upward bias that is used to predict an extension in the downward direction if price breaks below support.
It is not ruled out that a bearish run towards the 1.16 level will be made on a breakout of the ascending channel as weakness continues.
Crude Oil: Ascending Channel
USOIL,
1 hour
SHORT
Oct 11
It looks like the price establishes an ascending channel and the price is ready to break out.
An ascending channel often identifies an interruption of an uptrend once price breakdown occurs.
USOIL turns bearish to the 85.6 zone as indicators turn bearish.
Crude Oil: Ascending Triangle
USOIL,
1 day
SHORT
Oct 2
There is an ascending triangle detected, the price is ready to break out soon.
If price breakdown occurs, the move could predict a further move down.
Crude-oil to suffer further downside towards 61 as there is room for a downside correction.
EUR/USD: Descending Channel
EUR/USD,
4 hours
LONG
Mar 3
There is a descending channel coming out and the price is about to break out now.
When price breaks out, the resulting move could signal a sharp rise.
There is a possibility of a move to 1.05.
Ethereum: Ascending Triangle
ETH/USD,
1 hour
SHORT
Jun 5
An ascending triangle is distinguished, the price is ready to break out.
An ascending triangle is a technical price action indicator that results in that the price to go short once price breaks out to the the downside.
There is a chance of a bearish price action to the 1895 zone while lower than 1896.