As we can see a descending channel is very close to being finished, EUR/USD needs a bigger bullish impulse to confirm a breakout.
A descending channel is a specific bullish price pattern with a downward bias that can be used to spot a tendency to break in the opposite direction when price breaks above resistance.
A bullish run towards 1.094 looks possible on a upside break.
EUR/USD: Rectangle
EUR/USD,
1 hour
SHORT
May 9
A rectangle has been noticed, EUR/USD expects more fall for clear breakout confirmation.
A rectangle describes a specific bearish pattern that is used to indicate a bearish move in case if price breaks down.
It is possible that a bearish price action towards the 1.099 level will be made.
EUR/USD: Descending Triangle
EUR/USD,
1 hour
SHORT
Sep 5
A descending triangle comes out, the price breaks out soon.
A descending triangle describes a useful price action formation that is used to spot a bearish move once price collapses through the support line.
EUR/USD to increase bearish potential to the 1.076 level on a break below 1.0772.
EUR/USD: Descending Channel
EUR/USD,
1 hour
LONG
Dec 7
There is a descending channel observed.
A descending channel denotes a technical bullish indicator that indicates extending an uptrend once price breaks out to the the upside.
It is not ruled out that a bullish continuation towards the 1.078 zone will occur.
EUR/USD: Descending Triangle
EUR/USD,
1 hour
SHORT
Sep 14
A descending triangle materializes and the price is ready to break out.
A descending triangle provides a reliable bearish price action formation that can be used to identify an extension in the downward direction once price breaks through the support.
EUR/USD is at risk of extending its slump towards 1.072.
EUR/USD: Ascending Channel
EUR/USD,
4 hours
SHORT
Dec 28
It seems like EUR/USD gives an ascending channel and the price calls for more fall to confirm ascending channel breakout.
Once price breaks through the support, the resulting move could spot the more likely potential of falling prices.
There is a probability of a bearish price action to 1.105.
EUR/USD: Pennant
EUR/USD,
4 hours
LONG
Apr 21
It seems like a pennant turns up.
A pennant suggests a useful bullish chart indicator that typically spots a next move up when price breaks above resistance.
There is a probability of a bullish continuation towards the 1.1 level.
EUR/USD: Symmetrical Triangle
EUR/USD,
1 hour
SHORT
Mar 14
There is a symmetrical triangle taking place, EUR/USD requests an active move for the certainty of breakdown.
A symmetrical triangle represents a reliable bearish pattern that is used to signal that the price to go short if price collapses through the support line.
EUR/USD pulls back to the 1.093 zone.
EUR/USD: Descending Channel
EUR/USD,
4 hours
LONG
Jan 22
A descending channel is almost finished and EUR/USD calls for next bigger push up to confirm a breakout.
When price breaks above resistance, the resulting move could indicate a bullish price action.
A further bullish continuation to the 1.092 mark is going to happen on a breakout of the descending channel as EUR/USD sticks to the positive mood.
EUR/USD: Falling Wedge
EUR/USD,
4 hours
LONG
Apr 22
EUR/USD: Falling Wedge
EUR/USD,
1 hour
LONG
Jun 21
As we can see a falling wedge is diagnosed and EUR/USD lacks a move as evidence of a breakout.
A falling wedge is considered to be a technical chart pattern that is used to identify extending an uptrend once price breaks through the resistance.
EUR/USD to accomodate towards 1.092 on a break above 1.0916 as weakness seen overdone.
EUR/USD: Rectangle
EUR/USD,
1 hour
SHORT
Mar 27
There is a rectangle developing.
A rectangle is believed to be a bearish signal that can be used to signal that the price to go down when price breaks out to the the downside.
EUR/USD risks a move to the 1.082 zone as bears looking for downside correction.
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EUR/USD