There is a descending channel determined and the price requests a next move as a sign of a breakout.
A descending channel often results in a countertrend succeeding the current trend once price breaks out to the the upside.
A bullish push up towards 1.054 is likely.
EUR/USD: Descending Triangle
EUR/USD,
1 hour
SHORT
May 18
There is a descending triangle emerging.
A descending triangle depicts a technical bearish price formation that is used to spot a bearish price move if price breaks through the support.
There is a possibility of a further move towards 1.081.
EUR/USD: Ascending Channel
EUR/USD,
1 hour
SHORT
Jan 9
An ascending channel pops up and the price needs further bigger pullback as a sign of a breakout.
An ascending channel is said to depict a useful price action formation that identifies a break in the price direction when price breaks out.
There is a possibility of decline to 1.094 on a break below 1.0952 amid the currency pair recedes from recent highs.
EUR/USD: Bearish Rectangle
EUR/USD,
1 hour
SHORT
Jul 24
As we can see a bearish rectangle is close to completion.
A bearish rectangle tends to be a specific bearish indicator that spots a bearish price action if price breaks below support.
EUR/USD to suffer a steeper decline to 1.11.
EUR/USD: Descending Triangle
EUR/USD,
1 hour
LONG
Jan 12
A descending triangle has been detected.
A descending triangle identifies a technical indicator that is used to indicate a countertrend succeeding the current trend in case if price breaks out.
EUR/USD violates bearish trendline towards the 1.099 mark.
EUR/USD: Ascending Triangle
EUR/USD,
1 hour
LONG
Dec 19
It seems like an ascending triangle takes place, EUR/USD needs a next bigger move as an indication of a breakout.
In case if price breaks above resistance, the move could indicate that the price to go long.
It is not ruled out that a bullish run to 1.094 will be made.
EUR/USD: Ascending Channel
EUR/USD,
1 hour
SHORT
Mar 14
EUR/USD develops an ascending channel and the price lacks a more strong move as proof of a breakout.
Once price breaks through the support, the resulting move could signal an upward trend is nearing its end.
There is a probability of a bearish price action to 1.094 on a breach of 1.0944.
EUR/USD: Descending Triangle
EUR/USD,
1 hour
LONG
Sep 20
As we can see a descending triangle appears and the price is going to break out now.
If price breaks above resistance, the resulting move could spot extending an uptrend.
A move to the 1.069 mark is likely.
EUR/USD: Bearish Flag
EUR/USD,
1 day
SHORT
Aug 3
There is a bearish flag identified and the price is breaking out.
If price collapses through the support line, the move could signal a further move down.
It is not ruled out that a further rangebound towards the 1.09 mark will form on a downside break as indicators favor bears.
EUR/USD: Symmetrical Triangle
EUR/USD,
1 hour
LONG
Jan 10
There is a symmetrical triangle forming and the price requires a next move as a sign of a breakout.
A symmetrical triangle is a compelling price action formation that can be used to spot a further move up if price breaks out to the the upside.
There is a chance of a further rangebound towards 1.096 as the currency pair is at a brink of a bullish breakout.
EUR/USD: Rectangle
EUR/USD,
1 hour
LONG
May 3
There is a rectangle happening.
In case if price breaks above resistance, the move could predict that the price will rally further.
A bullish move to the 1.102 mark is not ruled out as there is a chance for a upside correction.
EUR/USD: Symmetrical Triangle
EUR/USD,
1 hour
LONG
Jun 21
There is a symmetrical triangle uncovered and EUR/USD lacks a more move for clear breakout confirmation.
A symmetrical triangle is considered to be a technical formation that can be used to spot the bears have run out of steam in case if price breaks out to the the upside.
EUR/USD is bullish and en route towards the 1.093 mark on a upside break.
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EUR/USD