A descending channel is nearing completion.
A descending channel tends to be a specific bullish price action formation that is angled down that typically predicts a bullish price action in case if price breaks out to the the upside.
A bullish push up to 77500 is not ruled out amid rising bets for the move.
看跌旗形
黄金XAU/USD1H
There is a bearish flag appearing and the price wants a more steady move as a signal of a breakout.
A bearish flag spots a move down once price breaks out.
There is a chance of extra downside to the 3900 level as bears look for entries.
下降三角形
GBP/USD1H
Gbpusd sets up a descending triangle, the price is ready to break out.
A descending triangle typically spots a bullish price move when price breaks out.
It is likely that a bullish continuation towards the 1.341 level will be made.
上升楔形
USD/JPY1H
It seems like usdjpy shows a rising wedge.
A rising wedge tends to be a reliable price pattern that has an upward slope that can be used to signal a break in the price direction once price breaks out.
Usdjpy risks potential downside towards the 157.8 mark.
下降通道
EUR/USD1D
It looks like the price forms a descending channel.
In case if price breaks out, the resulting move could predict a bullish move.
Eurusd hints a change to the upside to 1.13.
矩形
GBP/USD1D
A rectangle is exposed.
A rectangle provides a specific price action signal that often results in that the price will rally further when price breaks above resistance.
Gbpusd looks ready to further extend its gains to the 1.345 level on a break above 1.342 as extra rangebound not ruled out.
下降通道
原油USOIL1H
Crude-oil gives a descending channel, the price is about to break out.
A descending channel predicts a move up in case if price breaks above resistance.
It is possible that a move to 98 will happen as crude-oil nears 96.5 hurdle.
矩形
以太坊ETH/USD1H
A rectangle has been recognized and the price breaks out.
Once price collapses through the support line, the resulting move could signal a bearish move.
Ethusd risks a move towards 2240.
下降楔形
USD/JPY4H
There is a falling wedge occuring and the price asks for a next steady move as evidence of a breakout.
A falling wedge denotes a bullish price action formation that is angled down that predicts a further move up when price breaks out.
There is a chance of a move towards the 158 level.