ETHUSD is moving towards a key support level at 2588.6499. This is a previously tested level for ETHUSD. This could be a good trading opportunity, either at the spot price, or after breaching this level.
Skip to content ETHUSD is moving towards a key support level at 2588.6499. This is a previously tested level for ETHUSD. This could be a good trading opportunity, either at the spot price, or after breaching this level.
USDJPY is approaching the support line of a Channel Down. It has touched this line numerous times in the last 16 days. If it tests this line again, it should do so in the next 4 days.
The movement of NAS100 towards the resistance line of a 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 current […]
A Channel Down pattern was identified on BTCUSD at 76251.65, creating an expectation that it may move to the support line at 68979.5841. It may break through that line and continue the bearish trend or it may reverse from that line.
The last 9 4 hour candles on XAGUSD formed a Triangle pattern and broken out through the pattern lines, indicating a possible bullish movement towards the price level of 32.2980.
This trade setup on EURUSD is formed by a period of consolidation; a period in which the price primarily moves sideways before choosing a new direction for the longer term. Because of the bullish breakout through resistance, it seems to suggest that we could see the next price move to 1.1112.
NGC/USD is trapped in a Channel Down 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 […]
BRN/USD was identified at around 63.962 having recently rebounded of the resistance on the 4 hour data interval. Ultimately, the price action of the stock has formed a Falling Wedge pattern. This squeeze may increases the chances of a strong breakout. The projected movement will potentially take the price to around the 58.0209 level.