As we can see an ascending triangle turns up, EUR/USD requests a bigger move for the certainty of breakout.
An ascending triangle is believed to be a specific bullish price indicator that identifies that the price to go long once price breaks through the resistance.
There is a probability of a rangebound towards the 1.072 zone as EUR/USD is at a brink of a bullish breakout.
EUR/USD: Rectangle
EUR/USD,
1 hour
LONG
Sep 18
There is a rectangle diagnosed.
A rectangle suggests a compelling price action formation that often predicts a bullish move when price breaks above resistance.
EUR/USD looks north towards 1.115 on a break above 1.1142.
EUR/USD: Ascending Triangle
EUR/USD,
4 hours
LONG
Jun 24
There is an ascending triangle taking place, the price demands a next bigger bullish move as evidence of a breakout.
An ascending triangle provides a reliable bullish indicator that is used to predict that the price to go up in case if price breaks above resistance.
It is likely that a further bullish run to the 1.165 mark will form.
EUR/USD: Descending Triangle
EUR/USD,
1 hour
LONG
Mar 11
There is a descending triangle found.
A descending triangle represents a useful bullish chart pattern that typically results in a bullish price action when price breaks above resistance.
EUR/USD to increase bullish potential to 1.086 on a breach of 1.0855.
EUR/USD: Bullish Flag
EUR/USD,
1 hour
LONG
Jul 6
A bullish flag has been recognized.
A bullish flag tends to be a price action indicator that often results in a potential bullish reversal in price action in case if price breaks out.
EUR/USD is bullish and en route to 1.09 on a breakout of the bullish flag.
EUR/USD: Bearish Flag
EUR/USD,
4 hours
SHORT
Nov 6
It seems like a bearish flag is close to completion, the price breaks out.
When price collapses through the support line, the resulting move could spot a break in the price direction.
There is a possibility of a further rangebound to the 1.08 zone.
EUR/USD: Rectangle
EUR/USD,
1 hour
LONG
Dec 4
We can see that a rectangle appears, the price is going to break out.
A rectangle can be thought of as a reliable bullish price action indicator that is used to predict that the price will rally further if price breaks out to the the upside.
There is a possibility of a further bullish continuation to the 1.056 mark.
EUR/USD: Symmetrical Triangle
EUR/USD,
4 hours
SHORT
Oct 5
There is a symmetrical triangle developing and the price is breaking out.
A symmetrical triangle signals a bearish price move if price breaks out to the the downside.
Eurusd turns lower to 1.17.
EUR/USD: Descending Channel
EUR/USD,
1 hour
LONG
6 days ago
A descending channel emerges, the price is ready to break out.
A descending channel typically results in that prices are likely to keep rallying upward if price breaks through the resistance.
It is not ruled out that a rangebound to 1.159 will take place on impulse above 1.1586 as bulls look for entries.
EUR/USD: Pennant
EUR/USD,
1 hour
SHORT
Jan 16
A pennant is close to being done.
A pennant often results in extending an downtrend when price breaks down.
EUR/USD risks extra downside towards the 1.094 mark on a breach of 1.0944.
EUR/USD: Falling Wedge
EUR/USD,
1 hour
LONG
2 days ago
It seems like a falling wedge is distinguished, the price is going to break out soon.
In case if price breaks out, the move could predict that the price to go long.
There is a probability of a bullish run towards the 1.162 level on a break above 1.1614.
EUR/USD: Bullish Flag
EUR/USD,
1 hour
LONG
Jul 12
There is a bullish flag materializing.
A bullish flag identifies a specific bullish price pattern with a downward bias that often signals a move up once price breaks above resistance.
A bullish continuation to 1.103 looks likely on a breach of 1.1018.
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EUR/USD