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SEGITIGA TURUN
EUR/USD
1H
It looks like a descending triangle develops and the price expects a next bigger bullish action for the certainty of breakout.
A descending triangle often results in the bears have run out of steam once price breaks through the resistance.
Eurusd to prolong the growth phase towards the 1.155 level.
KANAL MENURUN / DESCENDING CHANNEL
EUR/USD
4H
As we can see a descending channel is close to completion, the price breaks out.
If price breaks out to the the upside, the resulting move could signal a tendency to break in the opposite direction.
Eurusd to grind higher towards 1.156 on a breakout of the descending channel as the currency pair probes 1.1545 hurdle.
PANJI / PENNANT
EUR/USD
1H
A pennant has been determined, the price calls for a more strong move to confirm pennant breakdown.
Once price breaks down, the move could indicate a bearish price action.
A rangebound towards 1.153 is not ruled out on impulse below 1.154.
SEGITIGA TURUN
EUR/USD
1H
A descending triangle arises.
A descending triangle is believed to be a reliable bullish price formation that predicts that the price will rally further once price breaks out.
Eurusd aims to complete a retracement to 1.156 as bullish momentum increases.
SEGITIGA SIMETRIS
EUR/USD
1D
As we can see a symmetrical triangle is nearing completion, the price asks for a steady correction for clear breakdown confirmation.
Once price breaks out to the the downside, the resulting move could predict the bulls have run out of steam.
A further bearish push down towards the 1.15 mark is on the cards.
KANAL MENURUN / DESCENDING CHANNEL
EUR/USD
1H
Eurusd shapes a descending channel, eurusd wants a more steady bullish move as evidence of a breakout.
When price breaks out to the the upside, the resulting move could identify a bullish price move.
Eurusd to extend its advance to 1.158.
KANAL MENURUN / DESCENDING CHANNEL
EUR/USD
1H
There is a descending channel taking place, the price calls for a bit more consolidation as a sign of a breakout.
A descending channel predicts that the price to go up in case if price breaks out.
It is not ruled out that a bullish move to 1.162 will form as the currency pair loses bearish momentum.
BAJI / WEDGE MENURUN
EUR/USD
1H
A falling wedge appears and the price requires a move as a clue of a breakout.
A falling wedge predicts extending an uptrend if price breaks out to the the upside.
Eurusd is bullish and en route to the 1.162 zone.
PERSEGI
EUR/USD
4H
It seems like a rectangle is detected and eurusd needs a more move to confirm a breakout.
A rectangle is considered to be a reliable bearish price indicator that is used to identify prices are likely to keep falling downward once price breaks below support.
Eurusd does not rule out a move towards 1.16 on impulse below 1.1605.
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