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BANDERA BAJISTA
EUR/USD
1H
There is a bearish flag developing and the price wants fall for clear breakdown confirmation.
A bearish flag provides a compelling price indicator that can be used to predict that the price to go short once price breakdown occurs.
Eurusd to accomodate towards 1.137 on a breakout of the bearish flag.
CUÑA DESCENDENTE
EUR/USD
1H
We can see that a falling wedge has been recognized, the price demands a further bullish impulse as an information of a breakout.
A falling wedge identifies a useful chart formation that identifies a move up once price breaks through the resistance.
Eurusd to look for a further push towards the 1.14 zone on a breakout of the falling wedge.
CANAL DESCENDENTE
EUR/USD
4H
As we can see the price sets up a descending channel, the price is about to break out now.
When price breaks above resistance, the resulting move could predict an extension in the upward direction.
Eurusd challenges a move towards the 1.142 zone while above 1.1415.
BANDERÍN
EUR/USD
1D
A pennant is almost done, the price expects a more bigger move as a verification of a breakdown.
A pennant denotes a specific price indicator that typically results in that the price to go down when price breaks out.
A bearish continuation towards 1.135 looks probable while lower than 1.138.
CANAL ASCENDENTE
EUR/USD
1H
We can see that an ascending channel happens, the price demands a more strong bearish impulse as a clue of a breakout.
An ascending channel can be thought of as a technical price signal that can be used to spot that the price to go short if price breakdown occurs.
There is a possibility of a further move to 1.14.
RECTÁNGULO
EUR/USD
4H
As we can see a rectangle has been identified and the price expects more steady fall as a clue of a breakout.
A rectangle typically predicts an extension in the downward direction if price breaks out to the the downside.
A bearish continuation towards the 1.138 zone is not ruled out.
CANAL ASCENDENTE
EUR/USD
1H
There is an ascending channel developing and the price breaks out soon.
An ascending channel indicates that the price to go down in case if price breaks out.
There is a possibility of extra downside to the 1.141 zone on a breakdown of the ascending channel as extra rangebound not ruled out.
BANDERA ALCISTA
EUR/USD
4H
There is a bullish flag identified and the price is ready to break out.
A bullish flag represents a reliable bullish formation that has a downward slope that results in a bullish move when price breaks through the resistance.
Eurusd dives out bearish trendline towards 1.144.
TRIÁNGULO ASCENDENTE
EUR/USD
1H
There is an ascending triangle noticed.
An ascending triangle is a compelling price action signal that can be used to indicate a next move down when price breaks out.
Eurusd to extend the fall to the 1.1405 level.
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