We can see that an ascending channel has been encountered, the price breaks out now.
An ascending channel typically identifies the bulls have run out of steam once price breaks below support.
EUR/USD to drop to 1.054 while lower than 1.0565.
EUR/USD: Ascending Triangle
EUR/USD,
4 hours
SHORT
Dec 30
An ascending triangle is close to being complete, the price is breaking out.
An ascending triangle is believed to be a technical bearish signal that can be used to indicate that the price to go down when price breakdown occurs.
There is a probability of a bearish run towards 1.04.
EUR/USD: Ascending Triangle
EUR/USD,
1 hour
LONG
Aug 12
There is an ascending triangle appearing, EUR/USD calls for a further steady bullish action to confirm ascending triangle breakout.
An ascending triangle often spots extending an uptrend if price breaks out.
It is possible that a bullish price action to 1.094 will form on a breakout of the ascending triangle as there is a chance for a upside correction.
EUR/USD: Ascending Triangle
EUR/USD,
4 hours
LONG
Mar 5
There is an ascending triangle discovered, the price is ready to break out soon.
An ascending triangle typically results in that the price to go up in case if price breaks through the resistance.
EUR/USD to surge considerably to 1.088 on a breach of 1.0865.
EUR/USD: Ascending Triangle
EUR/USD,
4 hours
LONG
Jan 20
There is an ascending triangle occuring and the price asks for an impulse up to confirm ascending triangle breakout.
An ascending triangle typically spots that prices are likely to keep rallying upward in case if price breaks out.
EUR/USD hints a change to the upside towards the 1.04 zone once beyond 1.036 as EUR/USD probes 1.036 hurdle.
EUR/USD: Ascending Channel
EUR/USD,
1 hour
SHORT
May 28
An ascending channel has been exposed and the price needs active fall as an indication of a breakdown.
An ascending channel is believed to be a compelling bearish chart formation that is used to indicate that the price to go down in case if price collapses through the support line.
It is likely that a further bearish move towards 1.085 will take place.
EUR/USD: Rising Wedge
EUR/USD,
1 hour
SHORT
Dec 6
EUR/USD completes a rising wedge and the price expects a more active move as a clue of a breakdown.
In case if price breaks below support, the resulting move could identify a bearish move.
EUR/USD to suffer further downside to 1.056 once below 1.0575.
EUR/USD: Descending Channel
EUR/USD,
1 hour
LONG
Jun 12
It seems like a descending channel happens, the price is ready to break out.
A descending channel indicates a bullish price move if price breaks out.
It is likely that a bullish price action towards the 1.075 level will occur.
EUR/USD: Rising Wedge
EUR/USD,
1 hour
SHORT
Sep 30
We can see that EUR/USD creates a rising wedge, the price is breaking out.
A rising wedge suggests a bearish formation that has an upward slope that can be used to predict a bearish price action once price breaks through the support.
There is a chance of decline to the 1.116 zone.
EUR/USD: Rectangle
EUR/USD,
1 hour
LONG
Jan 20
We can see that a rectangle is very close to being completed, EUR/USD wants next steady push up as an information of a breakout.
Once price breaks above resistance, the resulting move could predict a move up.
A bullish push up to the 1.032 mark is likely as EUR/USD loses bearish momentum.
EUR/USD: Rectangle
EUR/USD,
1 hour
LONG
Mar 20
There is a rectangle forming, the price is ready to break out soon.
A rectangle describes a signal that results in the bears have run out of steam in case if price breaks through the resistance.
EUR/USD pushes higher towards 1.088 while above 1.0872.
EUR/USD: Rectangle
EUR/USD,
1 hour
LONG
Jul 2
EUR/USD establishes a rectangle.
A rectangle is considered to be a compelling bullish signal that typically signals an extension in the upward direction in case if price breaks above resistance.
It is not ruled out that a bullish continuation to 1.076 will form.
Disclaimer.
No Investment Advice Provided.
Any opinions, chats, messages, news, research, analyses, prices, or other information contained on this Website are provided as general market information for educational and entertainment purposes only, and do not constitute investment advice.
The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes.
Patterns.cc will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Risk Disclosure.
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
EUR/USD