Skip to content Emerging Rising Wedge pattern in its final wave was identified on the USDJPY 4 hour chart. After a strong bullish run, we find USDJPY heading towards the upper triangle line with a possible resistance at 155.2331. If the resistance shows to hold, the Rising Wedge pattern suggests a rebound back towards current levels.
XAGUSD was identified at around 30.434 having recently rebounded of the resistance on the 4 hour data interval. Ultimately, the
S&P500 is trapped in a Channel Up formation, implying that a breakout is Imminent. This is a great trade-setup for
GBPJPY is heading towards 197.9010 and could reach this point within the next 2 days. It has tested this line
ETHUSD rose sharply for 8 days – which is an excessively big movement for this instrument; exceeding the 98% of
Trend followers are probably eagerly watching EURUSD to see if its latest 5 consecutive candles continues. If not, the mean-reversion
NAS100 is moving towards a line of 21139.4063 which it has tested numerous times in the past. We have seen
BTCUSD has broken through a line of 86996.5234. If this breakout holds true, we could see the price of BTCUSD
