It looks like a symmetrical triangle takes place, the price is about to break out now.
A symmetrical triangle describes a formation that can be used to predict a sharp rise once price breaks out to the the upside.
EUR/USD opens door for a move to the 1.094 zone on impulse above 1.0925 as the currency pair resumes the upside.
EUR/USD: Descending Channel
EUR/USD,
1 hour
LONG
Jun 23
It looks like a descending channel turns up, the price is going to break out.
A descending channel represents a reliable bullish indicator that indicates a countertrend succeeding the current trend when price breaks out to the the upside.
EUR/USD to increase bullish potential to 1.152 as bulls seeking a new high.
EUR/USD: Descending Channel
EUR/USD,
1 hour
LONG
Feb 20
We can see that a descending channel emerges and the price is ready to break out soon.
A descending channel predicts a bullish price action in case if price breaks through the resistance.
EUR/USD looks north to 1.044.
EUR/USD: Bearish Flag
EUR/USD,
4 hours
SHORT
Jan 15
EUR/USD builds a bearish flag and the price breaks out.
In case if price breaks down, the move could identify a next move down.
It is likely that a bearish run towards 1.094 will occur.
EUR/USD: Descending Triangle
EUR/USD,
1 hour
LONG
Sep 18
There is a descending triangle happening.
A descending triangle is said to depict a pattern that can be used to indicate a sharp rise if price breaks out to the the upside.
There is a chance of a bullish continuation towards the 1.113 mark.
EUR/USD: Pennant
EUR/USD,
1 hour
SHORT
Jan 10
It looks like a pennant is close to being done.
A pennant often spots extending an downtrend if price breaks down.
A bearish push down towards 1.029 is a possibility on a breach of 1.0296 as bears look for entries.
EUR/USD: Bullish Flag
EUR/USD,
4 hours
LONG
Nov 13
A bullish flag is almost completed and the price is going to break out now.
A bullish flag typically indicates price heading to a new direction if price breaks out to the the upside.
There is a possibility of a bullish move towards the 1.07 mark as the currency pair probes 1.0695 hurdle.
EUR/USD: Ascending Channel
EUR/USD,
1 hour
SHORT
Aug 28
There is an ascending channel encountered.
An ascending channel provides a reliable indicator that typically identifies a pause in an uptrending market once price collapses through the support line.
There is a chance of a bearish price action to 1.116 on a breakdown of the ascending channel as there is a chance of further weakness.
EUR/USD: Bullish Flag
EUR/USD,
1 hour
LONG
Jul 2
A bullish flag has been observed and the price requires a next move as proof of a breakout.
A bullish flag tends to be a bullish price pattern that can be used to indicate that the price to go long in case if price breaks out to the the upside.
A further bullish continuation towards 1.182 is likely to happen.
EUR/USD: Rectangle
EUR/USD,
1 hour
SHORT
Nov 7
There is a rectangle diagnosed and the price breaks out soon.
A rectangle can be thought of as a reliable bearish price signal that identifies the bulls have run out of steam when price breaks out to the the downside.
EUR/USD to continue the dereciation trend towards the 1.071 zone once below 1.0716.
EUR/USD: Ascending Triangle
EUR/USD,
1 hour
LONG
Jun 30
We can see that an ascending triangle is spotted and EUR/USD expects a more move as a sign of a breakout.
An ascending triangle can be thought of as a useful bullish signal that typically results in the bears have run out of steam in case if price breaks out to the the upside.
It is likely that a bullish run towards 1.175 will happen on a breach of 1.1745 as extra rangebound not ruled out.
EUR/USD: Pennant
EUR/USD,
1 hour
SHORT
Oct 3
There is a pennant occuring.
When price breaks down, the move could signal the more likely potential of falling prices.
Eurusd risks extra downside towards 1.172 on a breakout of the pennant.
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EUR/USD