It seems like a descending triangle takes place.
A descending triangle results in a bullish price action in case if price breaks out to the the upside.
A bullish move to 1.071 is probable as EUR/USD becomes bid.
EUR/USD: Descending Triangle
EUR/USD,
1 hour
LONG
Nov 17
As we can see a descending triangle occurs and the price breaks out.
A descending triangle can be thought of as a technical bullish chart indicator that often spots the bears have run out of steam once price breaks through the resistance.
A bullish move towards the 1.086 zone is possible.
EUR/USD: Descending Triangle
EUR/USD,
1 hour
LONG
Mar 29
A descending triangle is close to being completed and the price is ready to break out.
A descending triangle indicates a downward trend is nearing its end when price breaks out.
EUR/USD to peak to 1.078 as the currency pair sticks to the positive mood.
EUR/USD: Rising Wedge
EUR/USD,
4 hours
SHORT
Apr 10
It seems like a rising wedge is almost done and EUR/USD asks for a further bearish action as an indication of a breakout.
A rising wedge tends to be a useful indicator that is used to identify that the price to go short in case if price breaks out.
EUR/USD does not rule out a move to 1.082 on a downside break as the currency pair becomes under pressure.
EUR/USD: Descending Channel
EUR/USD,
1 day
LONG
Jul 12
A descending channel has been spotted, EUR/USD requests steady rise to confirm a breakout.
Once price breaks out to the the upside, the resulting move could spot a bullish price move.
It is likely that a rangebound towards 1.09 will happen as door open for the continuation of the uptrend.
EUR/USD: Ascending Channel
EUR/USD,
4 hours
SHORT
May 9
An ascending channel happens, the price is ready to break out.
An ascending channel typically signals a bearish price move in case if price breaks through the support.
EUR/USD to resume its downfall towards 1.094 on a breakout of the ascending channel as minor hurdle remains at 1.096.
EUR/USD: Ascending Triangle
EUR/USD,
4 hours
LONG
Oct 30
An ascending triangle forms, the price is about to break out soon.
An ascending triangle predicts that the price to go up when price breaks out.
EUR/USD now looks towards 1.086 while above 1.084 as downside pressure mitigates.
EUR/USD: Ascending Channel
EUR/USD,
1 hour
SHORT
Jul 27
The price shows an ascending channel and the price demands a next move as a clue of a breakout.
An ascending channel is believed to be a compelling bearish chart formation that typically identifies prices are likely to keep falling downward if price breaks out to the the downside.
A further bearish push down to 1.106 is possible.
EUR/USD: Symmetrical Triangle
EUR/USD,
1 hour
LONG
Dec 18
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: 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: 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.
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EUR/USD