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CANAL ASCENDANT
Or
XAU/USD
1H
It looks like an ascending channel pops up and gold demands further steady pullback for clear breakout confirmation.
An ascending channel is said to depict a useful bearish signal that signals a bearish price move once price collapses through the support line.
It is possible that a bearish push down to the 4200 zone will take place.
CANAL ASCENDANT
Ethereum
ETH/USD
4H
We can see that an ascending channel arises and ethusd lacks a further bigger move as an indication of a breakdown.
An ascending channel denotes a compelling bearish indicator that can be used to signal a change in price direction when price collapses through the support line.
Ethusd now looks towards 3100 on a breakout of the ascending channel.
CANAL ASCENDANT
Crude Oil
USOIL
1H
It looks like an ascending channel is diagnosed and crude-oil demands a next bigger bearish action as proof of a breakdown.
An ascending channel is a technical formation with an upward bias that is used to predict the bulls have run out of steam if price breaks through the support.
A bearish push down to 58 is about to happen.
DRAPEAU HAUSSIER
USD/JPY
1H
There is a bullish flag occuring, the price requires a strong move to confirm bullish flag breakout.
A bullish flag often signals a further move up when price breaks out.
Usdjpy to grind higher to the 156.2 zone on a breakout of the bullish flag as the currency pair sticks to the positive mood.
CANAL ASCENDANT
Bitcoin
BTC/USD
4H
An ascending channel is close to being finished, btcusd requests a strong impulse down for clear breakdown confirmation.
An ascending channel provides a signal that indicates a break in the price direction in case if price breakdown occurs.
It is not ruled out that a rangebound towards 89000 will be made as bears look for entries.
TRIANGLE ASCENDANT
EUR/USD
1D
It seems like an ascending triangle takes place, the price is ready to break out.
An ascending triangle identifies a formation that often predicts the bears have run out of steam once price breaks out.
A further bullish continuation towards 1.175 is about to happen on a breakout of the ascending triangle amid the currency pair reclaims part of the ground lost.
CANAL ASCENDANT
Ethereum
ETH/USD
1H
It looks like ethusd creates an ascending channel.
An ascending channel is said to depict a technical bearish price action signal that can be used to predict a move down if price breakdown occurs.
There is a possibility of a bearish continuation towards the 3300 zone on a breach of 3320 as gains remain capped.
CANAL ASCENDANT
USD/JPY
4H
There is an ascending channel materializing.
An ascending channel is a specific bearish signal that results in that the price to go down in case if price breaks below support.
There is a probability of a bearish move towards 155.5.
CANAL DESCENDANT
Or
XAU/USD
1H
As we can see a descending channel is close to being done, the price breaks out.
A descending channel tends to be a specific bullish price formation that often spots that the price to go long once price breaks out.
Gold looks north to 4220.
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