The price composes an ascending channel.
An ascending channel can be thought of as a bearish price action signal that predicts that the price to go short when price breaks down.
AUD/USD dives out bullish trendline to the 0.646 zone as extra rangebound not ruled out.
AUD/USD: Ascending Channel
AUD/USD,
1 hour
SHORT
Sep 24
It seems like an ascending channel is almost completed and the price is ready to break out soon.
An ascending channel can be thought of as a compelling bearish indicator that typically spots that the price to go down if price breaks out to the the downside.
There is a probability of a bearish run towards 0.658 on a breakout of the ascending channel.
AUD/USD: Descending Triangle
AUD/USD,
1 day
LONG
Nov 27
There is a descending triangle forming.
In case if price breaks through the resistance, the resulting move could identify a bullish price action.
It is likely that a bullish price action towards the 0.655 zone will take place as there is a chance for a upside correction.
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.
AUD/USD: Ascending Channel
AUD/USD,
1 hour
SHORT
Jul 2
There is an ascending channel turning up and the price is about to break out soon.
An ascending channel is considered to be a price action signal that often identifies a temporary interruption of an existing trend if price collapses through the support line.
AUD/USD targets a move to 0.656 on a breach of 0.6568.
AUD/USD: Descending Triangle
AUD/USD,
1 day
SHORT
Nov 7
Audusd shapes a descending triangle.
A descending triangle tends to be a specific bearish chart pattern that can be used to predict a next move down when price breaks through the support.
A bearish continuation towards the 0.645 level is about to happen.
AUD/USD: Descending Channel
AUD/USD,
1 hour
LONG
Jun 12
There is a descending channel turning up.
A descending channel describes a price pattern that is used to spot a next move up in case if price breaks out to the the upside.
A bullish continuation towards the 0.6615 mark is a possibility as bulls lurking in demand zone.
AUD/USD: Ascending Triangle
AUD/USD,
4 hours
SHORT
Jan 31
An ascending triangle is found.
An ascending triangle provides a specific chart formation that is used to spot the more likely potential of falling prices when price breaks out.
It is not ruled out that corrective downside to 0.656 will be made.
AUD/USD: Ascending Triangle
AUD/USD,
1 hour
SHORT
Oct 22
There is an ascending triangle emerging.
An ascending triangle represents a compelling price pattern that is used to signal a further move down if price breaks out.
It is possible that a bearish price action towards 0.649 will be made as audusd nears 0.6492 hurdle.
AUD/USD: Descending Channel
AUD/USD,
1 day
LONG
6 days ago
There is a descending channel occuring, the price requests a strong move to confirm descending channel breakout.
A descending channel often indicates a trend change to the upside once price breaks above resistance.
A bullish continuation to the 0.66 mark looks probable.
AUD/USD: Descending Channel
AUD/USD,
1 hour
LONG
Nov 24
A descending channel turns up and audusd lacks an active move to confirm descending channel breakout.
A descending channel represents a compelling bullish price formation that is angled down that can be used to indicate a change in the prevailing trend in case if price breaks out to the the upside.
It is likely that a bullish price action to the 0.647 level will be made as indicators favor bulls.
AUD/USD: Descending Channel
AUD/USD,
4 hours
SHORT
Oct 7
There is a descending channel forming and the price lacks a further move as proof of a breakout.
A descending channel represents a specific indicator that spots the more likely potential of falling prices when price breaks out.
Extra downside to 0.658 is on the way on a breakout of the descending channel as sell-off may continue.
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AUD/USD