An emerging Rising Wedge has been detected on GBPJPY on the 1 hour chart. There is a possible move towards 193.6065 next few candles. Once reaching support it may continue its bullish run or reverse back to current price levels.
Skip to content An emerging Rising Wedge has been detected on GBPJPY on the 1 hour chart. There is a possible move towards 193.6065 next few candles. Once reaching support it may continue its bullish run or reverse back to current price levels.
An emerging Rising Wedge has been detected on GBPJPY on the 1 hour chart. There is a possible move towards 193.6065 next few candles. Once reaching support it may continue its bullish run or reverse back to current price levels.
S&P500 is moving towards a support line. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 17 days and may test it again within the next 2 days.
XAUUSD is trapped in a Channel Up formation, implying that a breakout is Imminent. This is a great trade-setup for both trend and swing traders. It is now approaching a resistance line that has been tested in the past. Divergence opportunists may be very optimistic about a possible breakout and this may be the start […]
An emerging Channel Up has been detected on NAS100 on the 30 Minutes chart. There is a possible move towards 21792.4170 next few candles. Once reaching resistance it may continue its bearish run or reverse back to current price levels.
The movement of XAGUSD towards the resistance line of a Ascending Triangle is yet another test of the line it reached numerous times in the past. This line test could happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to […]
The last 12 4 hour candles on USDJPY formed a Falling Wedge pattern and broken out through the pattern lines, indicating a possible bullish movement towards the price level of 156.7538.
BRN/USD is heading towards a line of 80.9680. If this movement continues, the price of BRN/USD could test 80.9680 within the next 2 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.