An ascending channel is close to being done, the price is going to break out.
An ascending channel denotes a specific bearish price action pattern that can be used to predict prices are likely to keep falling downward once price breaks through the support.
There is a probability of a bearish move towards the 0.765 level on a break below 0.772.
AUD/USD: Ascending Triangle
AUD/USD,
1 hour
SHORT
6 days ago
There is an ascending triangle emerging and AUD/USD asks for a more bearish continuation as an information of a breakout.
An ascending triangle provides a chart formation that indicates a bearish price move when price breaks below support.
There is a probability of a rangebound towards the 0.769 zone on a breach of 0.7705.
AUD/USD: Rising Wedge
AUD/USD,
1 hour
SHORT
Jun 11
There is a rising wedge happening and AUD/USD expects a more active move as an indication of a breakdown.
A rising wedge identifies a bearish chart signal that can be used to spot prices are likely to keep falling downward in case if price breaks below support.
AUD/USD embarks on a bearish correction to 0.773 as door open for a test of 0.773.
AUD/USD: Symmetrical Triangle
AUD/USD,
1 hour
SHORT
May 11
A symmetrical triangle is uncovered, the price is close to breaking out now.
A symmetrical triangle describes a specific indicator that is used to indicate that the price to go down if price breaks below support.
AUD/USD accelerates losses to the 0.782 level.
AUD/USD: Rising Wedge
AUD/USD,
1 hour
SHORT
May 4
There is a rising wedge turning up and the price asks for a move as proof of a breakout.
A rising wedge suggests an indicator that typically spots that the price to go down in case if price breaks out.
AUD/USD to suffer further downside to the 0.772 mark.
AUD/USD: Ascending Channel
AUD/USD,
1 hour
SHORT
May 19
There is an ascending channel distinguished.
An ascending channel suggests an indicator that often indicates a move down once price breaks below support.
There is a possibility of a bearish price action to the 0.776 mark while lower than 0.778 as AUD/USD nears 0.778 hurdle.
AUD/USD: Descending Channel
AUD/USD,
1 hour
LONG
Jun 10
There is a descending channel exposed, the price is going to break out.
A descending channel often predicts extending an uptrend when price breaks above resistance.
A bullish run towards the 0.776 level is a possibility on a breakout of the descending channel as the currency pair loses bearish momentum.
AUD/USD: Pennant
AUD/USD,
1 hour
SHORT
Jun 3
A pennant is detected.
A pennant provides a compelling price action indicator that identifies prices are likely to keep falling downward in case if price breaks through the support.
AUD/USD to push down towards the 0.771 mark.
AUD/USD: Descending Triangle
AUD/USD,
1 hour
LONG
May 14
A descending triangle is very close to being completed, the price asks for an active move as an information of a breakout.
A descending triangle typically signals a sharp rise in case if price breaks through the resistance.
It is possible that a bullish continuation towards 0.775 will take place.
AUD/USD: Descending Channel
AUD/USD,
1 hour
LONG
May 20
There is a descending channel coming out and the price is ready to break out soon.
A descending channel represents a useful price formation that often indicates price heading to a new direction if price breaks out.
It is likely that a bullish push up towards the 0.778 level will occur.
AUD/USD: Descending Channel
AUD/USD,
1 hour
LONG
Apr 23
There is a descending channel determined and the price is breaking out.
A descending channel signals a bullish price move if price breaks above resistance.
It is likely that a bullish run towards the 0.778 level will form on a breach of 0.776 as indicators turn bullish.
AUD/USD: Ascending Channel
AUD/USD,
1 hour
SHORT
May 19
As we can see the price gives an ascending channel, the price breaks out now.
In case if price breakdown occurs, the resulting move could signal a tendency to break in the opposite direction.
A bearish continuation towards the 0.777 level is possible.
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AUD/USD