Open:
High:
Low:
Close:
ASCENDING CHANNEL
EUR/USD
1H
An ascending channel materializes and the price is close to breaking out now.
Once price breaks down, the move could indicate a next move down.
Eurusd risks suffer setback towards the 1.163 mark.
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.
PENNANT
EUR/USD
1H
It seems like a pennant pops up, eurusd expects a next steady bullish action as a verification of a breakout.
A pennant is believed to be a bullish signal that typically results in that the price to go long once price breaks above resistance.
Eurusd challenges a move towards 1.162.
ASCENDING CHANNEL
EUR/USD
1H
An ascending channel materializes, the price calls for a steady move as an indication of a breakdown.
An ascending channel is a specific price action signal that can be used to spot a bearish price action if price breaks down.
Eurusd risks extending drop towards 1.159 on a break below 1.1596 as sell-off may continue.
BEARISH FLAG
EUR/USD
1H
There is a bearish flag forming and the price asks for a next move as proof of a breakout.
A bearish flag identifies a next move down when price breaks out to the the downside.
Eurusd opens door for a move towards 1.16 on impulse below 1.161.
DESCENDING CHANNEL
EUR/USD
4H
There is a descending channel coming out, eurusd demands rise for clear breakout confirmation.
When price breaks above resistance, the resulting move could indicate a further move up.
It is possible that a bullish move to 1.165 will happen as the currency pair becomes bullish.
สี่เหลี่ยมผืนผ้า
EUR/USD
1H
A rectangle has been discovered, the price is about to break out soon.
A rectangle is said to depict a bullish price signal that signals the bears have run out of steam once price breaks above resistance.
A bullish run towards the 1.163 zone looks probable on a breach of 1.1626 as eurusd nears 1.1626 hurdle.
DESCENDING CHANNEL
EUR/USD
1H
There is a descending channel distinguished and the price is going to break out.
A descending channel is believed to be a technical chart formation with a downward bias that is used to identify a next move up if price breaks out.
Eurusd to accomodate towards 1.162 on impulse above 1.1605.
DESCENDING TRIANGLE
EUR/USD
1H
We can see that a descending triangle appears and the price demands a more bigger move as proof of a breakout.
A descending triangle spots extending an downtrend in case if price breaks out.
It is possible that a move to 1.159 will take place on a breakout of the descending triangle.
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