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ASCENDING TRIANGLE
USD/CAD 1H
There is an ascending triangle diagnosed, the price is about to break out.
An ascending triangle represents a useful bullish pattern that typically indicates a bullish price move if price breaks above resistance.
Usdcad to head to the 1.3825 level once above 1.3819.
BULLISH FLAG
GBP/JPY 1H
There is a bullish flag happening.
A bullish flag can be thought of as a specific bullish indicator that indicates that the price to go up once price breaks out.
Gbpjpy challenges a move to the 214.4 zone on a breach of 214.35.
DESCENDING CHANNEL
EUR/USD
1H
A descending channel pops up and the price is going to break out now.
A descending channel suggests a specific price action pattern that is used to spot a bullish price action once price breaks above resistance.
It is possible that a further bullish run to 1.1645 will occur.
ASCENDING CHANNEL
USD/CHF
1H
There is an ascending channel turning up, the price is about to break out now.
An ascending channel typically predicts a sharp decline in case if price breaks through the support.
Usdchf to prolong the corrective phase to 0.785 on a break below 0.7854 as there is room for a downside correction.
BEARISH FLAG
USD/JPY
1H
There is a bearish flag encountered, usdjpy requires an active move as proof of a breakout.
A bearish flag represents a compelling price indicator that often indicates that the price to go short in case if price breaks down.
Usdjpy now looks to 159.2.
PENNANT
NZD/USD 4H
It looks like nzdusd establishes a pennant.
A pennant is believed to be a chart signal that indicates that the price to go long once price breaks out.
There is a possibility of a bullish move to 0.588 as the mood may improve.
สี่เหลี่ยมผืนผ้า
AUD/USD
1H
As we can see the price forms a rectangle and the price calls for a further bigger correction as evidence of a breakout.
A rectangle often spots a further move down in case if price breaks out.
There is a probability of extra downside towards 0.7155.
BULLISH FLAG
EUR/USD
1H
There is a bullish flag noticed, the price demands more steady push up as a clue of a breakout.
A bullish flag can be thought of as a compelling price action pattern that is used to identify a bearish-to-bullish trend reversal in case if price breaks through the resistance.
It is likely that a bullish move to the 1.1645 level will form as the wind continues blowing in favor of eurusd.
BULLISH FLAG
GBP/USD
1H
A bullish flag has been recognized and the price needs a strong bullish move to confirm a breakout.
A bullish flag represents a reliable bullish price indicator that is used to spot the more likely potential of rising prices if price breaks above resistance.
It is likely that a bullish push up towards the 1.348 zone will form.
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