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EUR/USD: Ascending Channel
EUR/USD,
1 hour
SHORT
Jun 7
It looks like EUR/USD builds an ascending channel and EUR/USD needs next fall for clear breakdown confirmation.
An ascending channel typically predicts a countertrend succeeding the current trend in case if price collapses through the support line.
It is not ruled out that a bearish run towards the 1.086 zone will form on a downside break.
GBP/JPY: Rising Wedge
GBP/JPY,
1 hour
SHORT
6 days ago
There is a rising wedge coming out, GBP/JPY requests a more steady bearish move to confirm a breakdown.
A rising wedge is said to depict a bearish indicator that spots a move down once price breakdown occurs.
GBP/JPY does not rule out a move towards the 198 level.
GBP/JPY: Ascending Channel
GBP/JPY,
1 day
SHORT
Nov 1
There is an ascending channel appearing, the price requires further fall as evidence of a breakout.
An ascending channel spots a pause in an uptrending market in case if price breakdown occurs.
GBP/JPY looks for a setback to 195.
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.
NZD/USD: Ascending Channel
NZD/USD,
1 hour
SHORT
Feb 28
It looks like an ascending channel is close to being completed and the price is breaking out.
An ascending channel suggests a reliable bearish price action formation that is used to spot prices are likely to keep falling downward in case if price breaks down.
NZD/USD risks extra losses towards 0.615.
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.
USD/JPY: Ascending Channel
USD/JPY,
1 day
SHORT
Jul 18
An ascending channel occurs and the price is ready to break out now.
If price breaks out, the resulting move could identify a pause in an uptrending market.
A bearish run towards the 156 level looks likely on a breach of 157.5.
NZD/USD: Rectangle
NZD/USD,
1 hour
LONG
Aug 4
A rectangle is recognized.
A rectangle often spots the bears have run out of steam if price breaks out.
It is possible that a bullish move towards the 0.61 mark will occur on a breakout of the rectangle.
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/CHF: Bearish Flag
USD/CHF,
1 day
SHORT
Jul 18
A bearish flag comes out, USD/CHF wants a next steady move to confirm bearish flag breakout.
A bearish flag provides a useful price action indicator that indicates a bearish price action in case if price breaks out to the the downside.
USD/CHF risks a move towards 0.885 once below 0.891.
USD/CAD: Pennant
USD/CAD,
1 hour
SHORT
Mar 20
As we can see a pennant has been noticed and the price is breaking out.
If price breaks out, the resulting move could identify that the price to go short.
There is a possibility of a further move towards 1.357 once below 1.3582.
USD/CHF: Falling Wedge
USD/CHF,
1 hour
LONG
Sep 10
A falling wedge is almost completed and the price asks for active rise as a signal of a breakout.
A falling wedge provides a compelling price action pattern that is angled down that predicts a change in price direction once price breaks through the resistance.
USD/CHF points to the upside towards the 0.848 zone on a breach of 0.847.