Open:
High:
Low:
Close:
DESCENDING TRIANGLE
GBP/JPY 4H
Gbpjpy shows a descending triangle, the price breaks out.
A descending triangle typically spots that the price to go down if price breaks below support.
Gbpjpy points to the downside to 217.8 on a breakdown of the descending triangle.
BEARISH FLAG
NZD/USD 1H
There is a bearish flag uncovered, the price is ready to break out soon.
When price breaks down, the move could signal a further move down.
Nzdusd to fall towards 0.579 on a breakout of the bearish flag.
ASCENDING TRIANGLE
AUD/USD
1H
An ascending triangle pops up.
An ascending triangle identifies an extension in the upward direction when price breaks through the resistance.
Audusd to continue the appreciation trend towards the 0.701 level as risk reversal sheds bearish bias.
ASCENDING CHANNEL
USD/CAD 1H
As we can see an ascending channel is close to being complete.
An ascending channel often results in that the price to go down if price breaks out to the the downside.
Usdcad to turn bearish to the 1.407 zone as usdcad becomes offered.
ASCENDING CHANNEL
USD/CAD 1H
An ascending channel is diagnosed, the price lacks a bigger correction as a verification of a breakout.
An ascending channel denotes a price formation that typically predicts a further move down when price breaks out.
Usdcad to experience further corrective weakness to the 1.408 mark as gains remain capped.
สี่เหลี่ยมผืนผ้า
GBP/USD
1H
A rectangle forms and gbpusd demands a further move as an indication of a breakout.
A rectangle is believed to be a compelling price action signal that often results in that the price to go up once price breaks above resistance.
A rangebound towards 1.335 looks probable on a breach of 1.3344.
ASCENDING CHANNEL
USD/CHF
1H
It looks like an ascending channel is close to being done.
An ascending channel is believed to be a compelling chart formation that has an upward slope that often indicates a temporary interruption during a rising market when price breaks through the support.
A bearish run towards the 0.816 mark is going to happen.
DESCENDING CHANNEL
EUR/USD
4H
As we can see the price sets up a descending channel, the price is about to break out now.
When price breaks above resistance, the resulting move could predict an extension in the upward direction.
Eurusd challenges a move towards the 1.142 zone while above 1.1415.
จั่วขาลง
EUR/USD
1H
We can see that a falling wedge has been recognized, the price demands a further bullish impulse as an information of a breakout.
A falling wedge identifies a useful chart formation that identifies a move up once price breaks through the resistance.
Eurusd to look for a further push towards the 1.14 zone on a breakout of the falling wedge.
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