BTCUSD has breached the resistance line at 80386.3203. It may continue the bullish trend towards 83678.8828, or, it may prove to be yet another test of this level.
BTCUSD has breached the resistance line at 80386.3203. It may continue the bullish trend towards 83678.8828, or, it may prove to be yet another test of this level.
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.
ETHUSD has moved lower after 4 consecutive daily candles from 1816.3100 to 1552.4200 in the last 5 days.
USDJPY 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 unexpected large move has occurred on XAGUSD Daily chart beginning at 34.1265 and ending at 28.668. Is this a sign of something new? What can we expect in the future?