Chart pattern screener for Crypto, Forex, and Commodities

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FALLING WEDGE
USD/CAD 1H
A falling wedge has been diagnosed. A falling wedge is considered to be an indicator that is used to identify a trend change to the upside once price breaks out. There is a possibility of a bullish push up to the 1.402 level on a breakout of the falling wedge as indicators turn bullish.
DESCENDING CHANNEL
USD/CAD 1H
A descending channel is close to being complete and the price is close to breaking out. In case if price breaks above resistance, the resulting move could signal a countertrend succeeding the current trend. Usdcad violates bearish trendline to 1.404.
FALLING WEDGE
USD/CAD 1H
There is a falling wedge identified. Once price breaks above resistance, the resulting move could identify that the price will rally further. It is possible that a bullish price action towards 1.404 will be made on a break above 1.403.
RECTANGLE
USD/CAD 1H
A rectangle is almost finished. A rectangle suggests a specific formation that can be used to spot a bearish price action in case if price collapses through the support line. There is a chance of a bearish run towards the 1.403 mark.
BEARISH FLAG
USD/CAD 1H
A bearish flag comes out. A bearish flag is a technical pattern with an upward bias that is used to identify a potential reversal in price action once price collapses through the support line. Usdcad risks potential downside towards the 1.404 zone.
FALLING WEDGE
USD/CAD 1H
There is a falling wedge forming, usdcad lacks a move for the certainty of breakout. A falling wedge provides a reliable bullish chart formation that can be used to indicate a downward trend is about to reverse into an upnward trend if price breaks through the resistance. There is a probability of a bullish push up to the 1.408 mark amid usdcad reclaims part of the ground lost.
DESCENDING TRIANGLE
USD/CAD 1H
There is a descending triangle taking place. In case if price breakdown occurs, the move could predict a next move down. A bearish continuation towards 1.402 is on the cards while below 1.4045 as usdcad challenges 1.4045 hurdle.
DESCENDING CHANNEL
USD/CAD 1H
A descending channel has been found, the price demands a further move as an information of a breakout. In case if price breaks through the resistance, the move could signal that the price to go long. There is a probability of a further bullish run to 1.408.
DESCENDING CHANNEL
USD/CAD 1H
A descending channel has been encountered. A descending channel represents a price action signal that often indicates that the price to go up in case if price breaks out. It is possible that a bullish price action to the 1.408 mark will take place on a breakout of the descending channel.
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