Open:
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DESCENDING CHANNEL
EUR/USD
4H
A descending channel emerges.
A descending channel describes a chart indicator that is used to indicate price reversal after a pause in case if price breaks through the resistance.
A bullish continuation to 1.165 is on the cards while above 1.163 amid rising bets for the move.
DESCENDING CHANNEL
ทองคำ
XAU/USD
4H
There is a descending channel occuring and the price is going to break out now.
When price breaks out to the the upside, the resulting move could spot a sharp rise.
There is a chance of a bullish move to 4560 on a breach of 4555.
DESCENDING CHANNEL
ทองคำ
XAU/USD
1H
As we can see a descending channel has been determined and the price lacks a bigger move as a signal of a breakout.
In case if price breaks out to the the upside, the move could predict price heading to a new direction.
There is a probability of a move to the 4560 zone on a breach of 4540 as bulls seeking a new high.
ASCENDING CHANNEL
USD/JPY
4H
As we can see an ascending channel is distinguished and usdjpy calls for a further strong move for the certainty of breakdown.
An ascending channel depicts a specific bearish chart signal that can be used to spot an extension in the downward direction in case if price breakdown occurs.
Usdjpy to nosedive towards the 158.8 level.
ASCENDING TRIANGLE
USD/JPY
1H
There is an ascending triangle distinguished and usdjpy requests a strong bearish impulse as a signal of a breakdown.
An ascending triangle often predicts extending an downtrend when price breaks through the support.
Usdjpy to drop towards 159.1 on a breach of 159.14 as upside pressure seen easing.
สี่เหลี่ยมผืนผ้า
GBP/USD
4H
It looks like a rectangle is found and gbpusd lacks next steady rise as a clue of a breakout.
A rectangle indicates that prices are likely to keep rallying upward in case if price breaks out to the the upside.
A bullish move to 1.35 is not ruled out on impulse above 1.346.
DESCENDING CHANNEL
บิทคอยน์
BTC/USD
4H
There is a descending channel detected and the price wants a further move as an information of a breakout.
If price breaks out, the move could signal that prices move counter to the prevailing price trend.
Btcusd to move upward towards 78000 once above 77000 as risk reversal sheds bearish bias.
DESCENDING CHANNEL
อีเธอเรียม
ETH/USD
4H
There is a descending channel emerging and the price needs a further strong move as a clue of a breakout.
A descending channel represents a reliable price signal that can be used to spot that the price will rally further if price breaks out.
Ethusd turns bullish towards the 2150 level on a breakout of the descending channel as ethusd loses bearish momentum.
DESCENDING CHANNEL
อีเธอเรียม
ETH/USD
4H
It looks like a descending channel develops, the price requests a further steady move as proof of a breakout.
A descending channel represents a specific price formation that is angled down that typically indicates that the price to go up when price breaks out to the the upside.
Ethusd to continue higher to 2150 on a breakout of the descending channel.
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