Descending Channel

Good opportunity to SELL EURUSD if price rejects channel resistance, TP when price approaches channel support. Goodluck!

Since EURUSD has broken below a 3-month low at1.13, the price has retraced significantly, but with little sign of reversal. A retracement channel has been formed for the past 4 days and the price is about to reach a psychological level at 1.14. The level at 1.14 is a combination of not just a psychological number, but also an important supply zone combined with ...

The oil price has fallen for a straight 10 consecutive trading days. A reversal structure has appeared as the price rebounded off from a 9-month supply zone, as well as the bottom of a 1-month falling channel. Saudi Arabia is also going to cut its oil production by half in order to prevent the oil price from depreciating further.

USDCAD is inside a descending channel on the daily timeframe and is testing the resistance, this is a good time to sell this pair aiming two different TP targets based on daily key resistance levels. Goodluck!

GBPJPY broke out of consolidation into bearish channel. Price currently expected to root of channel before selling again.

The EUR/USD pair is currently in a down channel formation in the 4h chart. A mini bearish trendline is formed within the channel which only adds strength to the bearish momentum. Hence we expect the pair to move swiftly towards its support levels placed at 1.12991.

BINANCE:FUNBTC is situated into a Triangle which will make a huge breakout becouse we are near globaly bottom for FUN which is 186 satsoshi(fib 0) This level was be touched in September and now they can make a beautifull DOUBLE BOTTOM pattern at 1D timeframe Rsi also can make a Tripple bottom First target for this double bottom is 248 sats which is 23.60 fibonaci ...

The GBP/USD pair is currently in a descending channel formation. It is currently in a steep downward rally. We expect the supportive trendline to lend support and push the price upwards

Cable, has been trading in a bearish channel and has just made its 2nd leg of its wave which coincides with 38 Fibb retracement level. We should expect price to move to the downside of the bearish channel to complete wave 2-3

AUD/CAD price is approaching descending channel resistance, potential sell till previous low. Goodluck!

- Price just reached structure resistance with sellers taking control the past 2 days. - Price has also shown rejection off the top of the descending channel . - Looking for at least 1.29 again, but would like to see 1.26 - 1.27 price range.

Long a few Dec $5 puts. Should have enough time to see trading drop to support. Low volume is not ideal. Far from it. Might not be worth relying on too many technicals when volume is thin. Being that it's biotech company, it can make quick and severe moves in one direction or the other following announcements of positive developments or failures. What are your ...

USDCAD is trading in a bearish trend and currently retesting the LQP 1.30 it may overshoot the 1.30 with 25 pips before continuing the downtrend and heading back to the bottom of the bearish channel

I published a short entry on the Dollar/Looney back on August 28th. Price action dipped below and closed beneath my sell zone. However, I closed that position with a small profit as price action retraced back up to 1.32 area. I kept my chart as is, with my sell zone still in tact, mostly because I am still on a short bias. Sentiment is intriguing at the moment ...

The opportunity to make a sell order! The price is go into descending channel! If you want to analyze any coins, stocks or currencies, please let me know!

The breakdown of the descending channel started April 2018 failed and price came back into the channel while forming a likely bear flag which also broke late on Thursday. Although price has been consolidating in the 1197-1205 for 3 days before moving higher, I do expect price to respect the bear flag breakdown and retest mid August lows of 1160. if 1200 holds, we ...

This based on pure technicals. Now as we can see the price in cable is respecting the channel but based on Fibonacci series.. 61.8 fib - The golden ratio has always worked well.. Considering we may have formed the bottom today almost at the tip of the channel, this has high probability for a reversal till 1.3077.. Only catalyst for that would a be a decent ...

OMG price has been decreasing for about 3 months already. Each time the price touches the bottom of the channel it bounces back to its top. We have been waiting for so long to enter this position in such positive moment. RSI, HMA and Williams percentage range are in buy state. We recommend this coin for medium term, the risk is medium too. Free target is drawn at ...