Skip to content Emerging Rising Wedge pattern in its final wave was identified on the XAGUSD 1 hour chart. After a strong bullish run, we find XAGUSD heading towards the upper triangle line with a possible resistance at 39.6162. If the resistance shows to hold, the Rising Wedge pattern suggests a rebound back towards current levels.
USDJPY is moving towards a resistance 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 22 days and may test it again within the next 3 days.
Emerging Rising Wedge pattern in its final wave was identified on the XAGUSD 1 hour chart. After a strong bullish run, we find XAGUSD heading towards the upper triangle line with a possible resistance at 39.6162. If the resistance shows to hold, the Rising Wedge pattern suggests a rebound back towards current levels.
BTCUSD 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 […]
Emerging Channel Down detected on NGC/USD – the pattern is an emerging one and has not yet broken through support, but the price is expected to move up over the next few hours. The price at the time the pattern was found was 2.733 and it is expected to move to 2.7403.
S&P500 is moving towards a key support level at 6441.5498. This is a previously tested level for S&P500. This could be a good trading opportunity, either at the spot price, or after breaching this level.
BRN/USD 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 3 days and may test it again within the next 5 hours.
ETHUSD is moving towards a support line. Because we have seen it retrace from this level in the past, 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 3 days and may test it again within the next […]
