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BANDERÍN
EUR/USD
1H
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.
TRIÁNGULO ASCENDENTE
EUR/USD
1H
There is an ascending triangle distinguished.
An ascending triangle is said to depict a compelling signal that often identifies the more likely potential of falling prices if price collapses through the support line.
There is a probability of corrective downside to the 1.16 zone on a breach of 1.161.
CANAL ASCENDENTE
EUR/USD
4H
Eurusd creates an ascending channel.
An ascending channel often spots a move down once price breaks through the support.
Eurusd challenges a move towards 1.16.
CANAL ASCENDENTE
EUR/USD
1H
We can see that the price shows an ascending channel, the price expects a steady move to confirm ascending channel breakout.
In case if price breaks out to the the downside, the move could signal a further move down.
Eurusd opens door for a move to 1.16 on a downside break as the currency pair failes to keep gains.
CUÑA ASCENDENTE
EUR/USD
1H
The price shows a rising wedge, the price wants bigger push down as evidence of a breakdown.
A rising wedge is considered to be a technical pattern that can be used to spot the bulls have run out of steam once price collapses through the support line.
Eurusd set to plunge towards the 1.16 zone as eurusd challenges 1.1615 hurdle.
CUÑA ASCENDENTE
EUR/USD
1H
It seems like a rising wedge has been diagnosed.
A rising wedge represents a specific chart indicator that often identifies a bearish price move when price breaks down.
It is not ruled out that a further bearish push down towards 1.159 will be made on a breakout of the rising wedge.
CANAL DESCENDENTE
EUR/USD
1H
There is a descending channel taking place.
A descending channel often signals that the price to go long once price breaks above resistance.
Eurusd is bullish and en route to 1.16.
CANAL DESCENDENTE
EUR/USD
1H
A descending channel emerges, the price is ready to break out.
A descending channel typically results in that prices are likely to keep rallying upward if price breaks through the resistance.
It is not ruled out that a rangebound to 1.159 will take place on impulse above 1.1586 as bulls look for entries.
BANDERÍN
EUR/USD
1H
As we can see a pennant takes place, the price is going to break out soon.
A pennant typically results in a sharp decline if price collapses through the support line.
Decline towards 1.157 is on the way.
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