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BISEAU ASCENDANT
AUD/USD
1H
As we can see audusd builds a rising wedge.
A rising wedge is said to depict a formation that has an upward slope that typically identifies a bearish price action in case if price breakdown occurs.
Extra downside to 0.658 is going to happen.
TRIANGLE DESCENDANT
AUD/USD
1H
There is a descending triangle exposed, the price needs a next move as a sign of a breakout.
Once price breaks out to the the upside, the move could indicate a breakout higher.
Audusd pushes higher towards 0.656 as bulls looking for profit.
BISEAU ASCENDANT
AUD/USD
1H
We can see that a rising wedge is very close to being completed.
A rising wedge is a chart indicator that can be used to indicate extending an downtrend in case if price breaks out to the the downside.
Audusd is bearish and en route towards 0.654.
DRAPEAU BAISSIER
AUD/USD
4H
We can see that a bearish flag is almost done and the price breaks out now.
A bearish flag typically predicts reversals in uptrends when price breaks out to the the downside.
It is likely that a bearish price action towards 0.654 will be made on a downside break as audusd becomes depressed.
FANION
AUD/USD
1H
There is a pennant identified, the price needs more steady push up for clear breakout confirmation.
A pennant can be thought of as a compelling formation that often signals a bullish price move when price breaks above resistance.
It is not ruled out that a bullish price action to the 0.656 mark will happen while above 0.655.
CANAL ASCENDANT
AUD/USD
1H
An ascending channel is close to being completed, the price asks for further pullback as evidence of a breakdown.
If price breaks out to the the downside, the resulting move could predict prices are likely to keep falling downward.
Audusd pulls back to 0.654 on a breakdown of the ascending channel.
CANAL DESCENDANT
AUD/USD
1D
There is a descending channel occuring, the price requests a strong move to confirm descending channel breakout.
A descending channel often indicates a trend change to the upside once price breaks above resistance.
A bullish continuation to the 0.66 mark looks probable.
RECTANGLE HAUSSIER
AUD/USD
1H
A bullish rectangle is determined, audusd demands a next move for the certainty of breakout.
A bullish rectangle often signals that the price to go up once price breaks out to the the upside.
There is a chance of a bullish price action to 0.6545 on a upside break.
TRIANGLE ASCENDANT
AUD/USD
1H
An ascending triangle occurs and audusd expects a bearish impulse as a sign of a breakout.
An ascending triangle depicts a technical chart signal that is used to identify prices are likely to keep falling downward if price breakdown occurs.
It is likely that decline to the 0.653 mark will occur.
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