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RECTANGLE BAISSIER
AUD/USD
1H
It seems like a bearish rectangle turns up.
A bearish rectangle spots a bearish price move once price breaks through the support.
A bearish run to 0.7125 is about to happen.
CANAL ASCENDANT
EUR/USD
1H
There is an ascending channel spotted, the price wants more strong push down as an information of a breakout.
An ascending channel is believed to be a reliable bearish price action pattern with an upward bias that often spots an upward trend is about to reverse into an downward trend when price breaks out.
Eurusd is at risk of extending its slump towards the 1.161 level.
CANAL ASCENDANT
GBP/USD
1H
There is an ascending channel poping up and gbpusd wants a next move for the certainty of breakdown.
An ascending channel indicates a bearish move in case if price breaks out to the the downside.
There is a chance of a bearish price action to the 1.342 mark on a breach of 1.3426 as the currency pair loses bullish momentum.
TRIANGLE SYMÉTRIQUE
NZD/USD 1H
A symmetrical triangle has been spotted and the price is close to breaking out.
A symmetrical triangle identifies a bearish move if price breaks out to the the downside.
It is not ruled out that a bearish push down to 0.586 will occur while lower than 0.587 as extra rangebound not ruled out.
TRIANGLE DESCENDANT
USD/JPY
1H
The price creates a descending triangle and the price requires a strong move to confirm descending triangle breakout.
A descending triangle represents a compelling price signal that predicts a countertrend succeeding the current trend in case if price breaks out to the the upside.
It is likely that a further move to the 160.1 level will form on a breakout of the descending triangle.
CANAL DESCENDANT
NZD/USD 1H
A descending channel emerges.
A descending channel identifies a next move up if price breaks through the resistance.
It is possible that a bullish run towards the 0.59 level will be made as nzdusd challenges 0.589 hurdle.
CANAL ASCENDANT
USD/CAD 1H
There is an ascending channel observed and the price is breaking out.
An ascending channel typically results in prices are likely to keep falling downward if price breaks through the support.
It is not ruled out that a rangebound to the 1.388 level will form as indicators turn bearish.
RECTANGLE
EUR/USD
1H
It seems like a rectangle materializes, the price is close to breaking out soon.
A rectangle identifies an indicator that often identifies a sharp rise when price breaks out to the the upside.
A further bullish price action towards the 1.1635 mark is on the way on impulse above 1.1632 as the currency pair is at a brink of a bullish breakout.
CANAL DESCENDANT
GBP/USD
1H
A descending channel is distinguished and the price is ready to break out now.
A descending channel identifies that the price will rally further in case if price breaks out.
Gbpusd advances higher towards 1.345 once beyond 1.3445.
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