A Falling Wedge pattern was identified for NGC/USD at 2.8995, suggesting it may move toward the support line at 2.8510. It may break through that line and continue the bearish trend, or reverse from it.
Skip to content A Falling Wedge pattern was identified for NGC/USD at 2.8995, suggesting it may move toward the support line at 2.8510. It may break through that line and continue the bearish trend, or reverse from it.
NGC/USD is moving toward a support line it has tested many times. It has retraced from this line before, so it’s unclear whether it will break through or rebound again. If NGC/USD continues on its current trajectory, it could reach 2.4976 within the next 3 days.
ETHUSD is moving toward a level at 2235.7000, which it has tested many times before. We have seen it retrace from this level before, so at this stage it isn’t clear whether it will break through this price or rebound again. If ETHUSD continues on its current trajectory, we may see it move toward 2235.7000 […]
GBPJPY is moving toward a resistance line. Since it has retraced from this line before, we may see either a breakout through this line or a rebound to current levels. It has touched this line numerous times in the last 6 days and may test it again within the next 8 hours.
XAUUSD is moving toward a key support level at 4751.1050. This level has been tested before for XAUUSD. This may present a good trading opportunity either at the spot price or after a breakout through this level.
An emerging Rising Wedge has been detected on LTCUSD. The pattern has not yet broken through support, but the price is expected to move up over the next few hours. At the time the pattern was found, the price was 54.75, and it is expected to move to 55.4495.
S&P500 is heading toward the resistance line of a Channel Up pattern and could reach it within the next 3 days. It has tested this line numerous times before, and this time may be no different, ending in a rebound instead of a breakout. If a breakout doesn’t occur, we could see a retracement back […]
USDJPY was identified around 159.0765 after recently rebounding off the resistance on the 4 hour interval. Ultimately, the stock’s price action has formed a Channel Down pattern. This squeeze may increase the chances of a strong breakout. The projected move could take the price to around 157.4746.