A pennant is very close to being finished.
A pennant provides a price action indicator that predicts the bulls have run out of steam if price breaks out to the the downside.
Audusd opens door for a move to 0.6475 on a breach of 0.6478 as the currency pair looks offered.
下降三角形型
AUD/USD1H
There is a descending triangle coming out, the price is ready to break out.
A descending triangle is said to depict a price indicator that is used to signal a sharp rise in case if price breaks above resistance.
Audusd looks north to 0.649 as extra rangebound not ruled out.
下降チャネル
AUD/USD4H
There is a descending channel developing and the price wants a bit more consolidation to confirm a breakout.
A descending channel is said to depict a specific bullish price signal that can be used to signal a tendency to break in the opposite direction once price breaks above resistance.
Audusd to recover bullish potential towards 0.65 on a breach of 0.649.
下降ウェッジパターン
AUD/USD1H
A falling wedge comes out.
In case if price breaks out to the the upside, the move could spot a further move up.
Audusd could attempt a move to 0.649 as audusd is at a brink of a bullish breakout.
レクタングル
AUD/USD1H
There is a rectangle forming.
A rectangle indicates prices are likely to keep falling downward in case if price breakdown occurs.
Audusd to experience further corrective weakness towards the 0.647 zone as door open for a test of 0.647.
下降ウェッジパターン
AUD/USD1H
As we can see the price shows a falling wedge, the price is ready to break out now.
Once price breaks above resistance, the move could identify a breakout higher.
A rangebound to 0.649 stays on the cards.
上昇三角形型
AUD/USD1H
There is an ascending triangle found and audusd demands a further active move as evidence of a breakout.
An ascending triangle tends to be a price pattern that has an upward slope that identifies a pause in an uptrending market if price breaks out.
Audusd risks further decline towards 0.649 as upside pressure mitigates.
下降チャネル
AUD/USD1H
A descending channel happens and the price breaks out now.
A descending channel tends to be a specific bullish price action signal that often indicates an interruption of a downtrend in case if price breaks through the resistance.
Audusd to resume its rise towards 0.651 as audusd probes 0.6506 hurdle.
下降ウェッジパターン
AUD/USD4H
A falling wedge is identified, the price is breaking out.
A falling wedge tends to be a bullish price pattern that often identifies a next move up in case if price breaks above resistance.
It is possible that a rangebound to 0.652 will form.