Skip to content FTSE100 has broken through a support line. It has touched this line numerous times in the last 23 days. This breakout shows a potential move to 8522.5400 within the next 2 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
FTSE100 has broken through a support line. It has touched this line numerous times in the last 23 days. This breakout shows a potential move to 8522.5400 within the next 2 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
NGC/USD is trapped in a Rising Wedge formation, implying that a breakout is Imminent. This is a great trade-setup for both trend and swing traders. It is now approaching a support line that has been tested in the past. Divergence opportunists may be very optimistic about a possible breakout and this may be the start […]
A strong resistance level has been identified at 2778.1201 on the 30 Minutes ETHUSD chart. ETHUSD is likely to test it soon.
GBPJPY is moving towards a key resistance level at 192.1150. This is a previously tested level for GBPJPY. This could be a good trading opportunity, either at the spot price, or after breaching this level.
Emerging Channel Up pattern in its final wave was identified on the EURUSD 4 hour chart. After a strong bullish run, we find EURUSD heading towards the upper triangle line with a possible resistance at 1.0646. If the resistance shows to hold, the Channel Up pattern suggests a rebound back towards current levels.
FTSE100 is heading towards 8510.9004 and could reach this point within the next 3 days. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
XAUUSD is heading towards the support line of a Triangle and could reach this point within the next 5 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could […]
