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GBP/USD: Bearish Rectangle
GBP/USD,
1 hour
SHORT
Apr 12
As we can see the price forms a bearish rectangle, GBP/USD wants a next bearish action for clear breakout confirmation.
A bearish rectangle is believed to be a technical bearish price pattern that predicts prices are likely to keep falling downward if price breaks out to the the downside.
Decline towards 1.25 looks likely while lower than 1.2515.
AUD/USD: Ascending Channel
AUD/USD,
1 hour
SHORT
Sep 18
There is an ascending channel materializing, the price is ready to break out.
An ascending channel typically results in the more likely potential of falling prices in case if price breaks out.
It is likely that corrective downside to the 0.675 level will occur on impulse below 0.676.
GBP/JPY: Descending Channel
GBP/JPY,
4 hours
LONG
Oct 3
A descending channel emerges.
Once price breaks out to the the upside, the resulting move could identify a break in the price direction.
There is a possibility of a move towards 199.
GBP/USD: Bearish Flag
GBP/USD,
1 hour
SHORT
Sep 20
There is a bearish flag revealed, the price is breaking out.
A bearish flag can be thought of as a technical bearish price action pattern with an upward bias that predicts a bearish price move in case if price breaks out.
A bearish move towards 1.237 is on the cards.
USD/CAD: Falling Wedge
USD/CAD,
4 hours
LONG
Apr 3
USD/CHF: Falling Wedge
USD/CHF,
1 hour
LONG
31 hours ago
We can see that a falling wedge appears, the price demands a further strong bullish action for the certainty of breakout.
A falling wedge represents a useful price action signal that is used to identify that the price to go long in case if price breaks out.
Usdchf now looks to 0.801.
USD/JPY: Bullish Rectangle
USD/JPY,
1 hour
LONG
Apr 15
There is a bullish rectangle observed, the price wants a bit more consolidation as an information of a breakout.
A bullish rectangle spots the bears have run out of steam when price breaks through the resistance.
USD/JPY turns bullish towards 153.6.
NZD/USD: Descending Channel
NZD/USD,
1 hour
LONG
Mar 6
A descending channel materializes and NZD/USD demands steady push up as a sign of a breakout.
A descending channel describes a bullish price indicator that signals a downward trend is about to reverse into an upnward trend once price breaks through the resistance.
NZD/USD to push up towards 0.611.
NZD/USD: Ascending Triangle
NZD/USD,
1 hour
SHORT
Mar 27
It looks like NZD/USD builds an ascending triangle and the price breaks out soon.
An ascending triangle provides a price action pattern that typically results in a move down if price collapses through the support line.
It is possible that corrective downside towards 0.5995 will take place on a breach of 0.5998.
EUR/USD: Bearish Rectangle
EUR/USD,
1 hour
SHORT
Oct 21
There is a bearish rectangle found and eurusd requests further push down as proof of a breakout.
A bearish rectangle is believed to be a bearish indicator that often indicates a bearish price move in case if price breaks through the support.
Eurusd tests a move towards the 1.163 level as bears look for entries.
USD/CHF: Rectangle
USD/CHF,
4 hours
SHORT
Oct 15
There is a rectangle taking place and usdchf asks for a more correction as an indication of a breakdown.
If price breaks out to the the downside, the resulting move could indicate a bearish price action.
Usdchf does not rule out a move towards the 0.798 level on impulse below 0.7995 as the currency pair becomes depressed.
GBP/JPY: Rectangle
GBP/JPY,
1 day
LONG
Nov 20
A rectangle is distinguished, the price expects a bit more consolidation as a verification of a breakout.
If price breaks out to the the upside, the move could signal a bullish move.
A rangebound towards 206 stays on the cards as downside pressure alleviates.