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.
EUR/USD: Rectangle
EUR/USD,
1 hour
SHORT
Nov 7
There is a rectangle diagnosed and the price breaks out soon.
A rectangle can be thought of as a reliable bearish price signal that identifies the bulls have run out of steam when price breaks out to the the downside.
EUR/USD to continue the dereciation trend towards the 1.071 zone once below 1.0716.
EUR/USD: Ascending Channel
EUR/USD,
1 hour
SHORT
32 hours ago
An ascending channel has been revealed, the price breaks out now.
An ascending channel represents a bearish pattern that is used to identify a next move down when price breaks through the support.
It is likely that decline towards the 1.054 level will take place.
EUR/USD: Ascending Channel
EUR/USD,
1 hour
SHORT
Mar 7
An ascending channel arises, the price is going to break out.
In case if price breaks below support, the resulting move could identify price reversal after a pause.
A bearish push down to 1.066 stays on the cards.
EUR/USD: Ascending Channel
EUR/USD,
1 hour
SHORT
Mar 5
We can see that an ascending channel is detected and the price is breaking out.
When price breaks below support, the resulting move could identify a bullish-to-bearish trend reversal.
It is not ruled out that a further bearish run to 1.084 will happen on impulse below 1.085.
EUR/USD: Ascending Channel
EUR/USD,
1 hour
SHORT
Oct 2
There is an ascending channel emerging, the price requires more pullback as a clue of a breakdown.
An ascending channel typically predicts a bearish price action if price breaks out.
It is likely that a bearish push down to the 1.056 zone will take place.
EUR/USD: Bullish Flag
EUR/USD,
1 hour
LONG
Nov 16
It seems like a bullish flag develops, the price is ready to break out.
Once price breaks out to the the upside, the move could indicate extending an uptrend.
There is a chance of a bullish price action to the 1.086 level on a breakout of the bullish flag.
EUR/USD: Descending Channel
EUR/USD,
1 hour
LONG
Mar 13
There is a descending channel occuring, the price is about to break out.
A descending channel identifies a countertrend succeeding the current trend when price breaks above resistance.
A bullish move to 1.094 is on the cards on a breakout of the descending channel.
EUR/USD: Descending Channel
EUR/USD,
4 hours
LONG
Dec 13
There is a descending channel turning up.
Once price breaks through the resistance, the move could signal price heading to a new direction.
EUR/USD pushes higher to 1.082 on a breach of 1.0795 as EUR/USD sticks to the positive mood.
EUR/USD: Ascending Channel
EUR/USD,
4 hours
SHORT
Jan 16
There is an ascending channel identified, the price is ready to break out now.
An ascending channel typically predicts a move down once price breaks through the support.
EUR/USD set to accelerate its decline to 1.094 on a breach of 1.0945 as indicators favor bears.
EUR/USD: Descending Channel
EUR/USD,
1 day
LONG
Oct 21
There is a descending channel happening and the price is about to break out soon.
If price breaks out to the the upside, the move could identify price reversal after a pause.
EUR/USD to enjoy a considerable gain to 1.07 on a breach of 1.06 as EUR/USD sticks to the positive mood.
EUR/USD: Bullish Flag
EUR/USD,
1 hour
LONG
Apr 25
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EUR/USD