A rectangle appears and eurusd wants a further bigger move for clear breakout confirmation.
When price breaks above resistance, the move could spot a bullish price action.
Eurusd to maintain its positive tone to the 1.166 level on a breach of 1.165.
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: Descending Triangle
EUR/USD,
4 hours
LONG
Jun 10
EUR/USD creates a descending triangle.
A descending triangle provides a specific bullish price action signal that typically predicts an extension in the upward direction in case if price breaks above resistance.
EUR/USD to turn bullish to the 1.142 zone.
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 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: Bullish Flag
EUR/USD,
1 hour
LONG
May 20
A bullish flag has been found, the price asks for a steady bullish impulse to confirm a breakout.
A bullish flag represents a useful price pattern that has a downward slope that can be used to signal a further move up when price breaks out.
EUR/USD to resume its rise towards 1.13.
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: Ascending Channel
EUR/USD,
4 hours
SHORT
Nov 18
It seems like an ascending channel is almost done and eurusd requires more bigger push down as a verification of a breakout.
An ascending channel is believed to be a useful bearish price formation that is angled up that can be used to identify a sharp decline once price breaks out to the the downside.
It is likely that a further bearish move to 1.158 will happen on a breakdown of the ascending channel.
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: Pennant
EUR/USD,
1 hour
LONG
2 days ago
There is a pennant detected.
A pennant indicates a next move up in case if price breaks out.
Eurusd to maintain its positive tone towards 1.162 as extra rangebound not ruled out.
EUR/USD: Descending Channel
EUR/USD,
4 hours
LONG
Nov 24
A descending channel is detected and the price is breaking out.
A descending channel often identifies a bullish price action if price breaks above resistance.
Eurusd to move upward to the 1.156 level.
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EUR/USD