We can see that a descending channel is almost completed.
A descending channel is believed to be a compelling bearish indicator that results in a next move down if price breaks out.
EUR/USD to continue lower towards 1.0875 on a breach of 1.0878.
EUR/USD: Ascending Channel
EUR/USD,
4 hours
SHORT
Oct 20
The price creates an ascending channel and eurusd requires strong fall as an information of a breakdown.
An ascending channel identifies a specific formation with an upward bias that is used to predict an extension in the downward direction if price breaks below support.
It is not ruled out that a bearish run towards the 1.16 level will be made on a breakout of the ascending channel as weakness continues.
EUR/USD: Descending Channel
EUR/USD,
4 hours
LONG
Mar 3
There is a descending channel coming out and the price is about to break out now.
When price breaks out, the resulting move could signal a sharp rise.
There is a possibility of a move to 1.05.
EUR/USD: Rising Wedge
EUR/USD,
1 hour
SHORT
Jul 26
A rising wedge forms.
In case if price collapses through the support line, the resulting move could spot a bearish price action.
There is a possibility of extra downside towards 1.085 as gains remain capped.
EUR/USD: Ascending Channel
EUR/USD,
4 hours
SHORT
Dec 11
An ascending channel has been distinguished and the price is ready to break out.
An ascending channel depicts a chart pattern that is used to spot price reversal after a pause in case if price breaks below support.
EUR/USD set to plunge towards 1.045 as upside pressure seen easing.
EUR/USD: Ascending Channel
EUR/USD,
1 hour
SHORT
Dec 30
It looks like the price creates an ascending channel.
An ascending channel is said to depict a reliable chart signal that signals a bullish-to-bearish trend reversal once price breaks down.
There is a possibility of a bearish continuation towards 1.042 on a downside break.
EUR/USD: Ascending Channel
EUR/USD,
1 hour
SHORT
Jan 30
There is an ascending channel developing, the price is ready to break out now.
An ascending channel is believed to be a reliable bearish price action signal that often spots a bearish move in case if price breaks below support.
EUR/USD set to lose more ground to the 1.038 level.
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.
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.
EUR/USD: Ascending Triangle
EUR/USD,
4 hours
SHORT
May 8
We can see that an ascending triangle has been revealed, the price is close to breaking out now.
An ascending triangle depicts a reliable bearish signal that is used to predict a next move down if price breaks below support.
It is not ruled out that extra downside towards 1.128 will happen on a breakout of the ascending triangle.
EUR/USD: Ascending Channel
EUR/USD,
1 hour
SHORT
Oct 12
There is an ascending channel discovered.
When price breaks out to the the downside, the move could indicate a next move down.
It is possible that a bearish run to 1.059 will happen on a breakout of the ascending channel.
EUR/USD: Rectangle
EUR/USD,
1 hour
LONG
2 days ago
A rectangle is observed and the price breaks out now.
A rectangle is a technical bullish price indicator that predicts an extension in the upward direction if price breaks out.
Eurusd aims to complete a retracement to 1.163.
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EUR/USD