A Channel Down pattern was identified on BTCUSD at 76251.65, creating an expectation that it may move to the support
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 […]
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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.
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