BRN/USD is heading towards a line of 68.0950. If this movement continues, the price of BRN/USD could test 68.0950 within
Emerging Falling Wedge pattern in its final wave was identified on the FTSE100 1 hour chart. After a strong bearish run, we find FTSE100 heading towards the upper triangle line with a possible resistance at 9095.3982. If the support shows to hold, the Falling Wedge pattern suggests a rebound back towards current levels.
You would be well advised to confirm the breakout that has just occurred – do you believe the move through resistance to be significant? Do you have confirming indicators that the price momentum will continue? If so, look for a target of 1.1816 but consider reducing the size of your position as the price gets […]
LTCUSD is approaching the resistance line of a Rising Wedge. It has touched this line numerous times in the last 9 days. If it tests this line again, it should do so in the next 2 days.
XAUUSD is heading towards the support line of a Channel Up and could reach this point within the next 12 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 […]
Emerging Ascending Triangle pattern in its final wave was identified on the ETHUSD 1 hour chart. After a strong bullish run, we find ETHUSD heading towards the upper triangle line with a possible resistance at 4486.7221. If the resistance shows to hold, the Ascending Triangle pattern suggests a rebound back towards current levels.
EURUSD has broken through a resistance line of a Ascending Triangle and suggests a possible movement to 1.1702 within the next 18 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement […]
Autochartist provides an extensive analytics toolset with features to take your trading to the next level. Empower your day-to-day trading decisions with an unrivalled breadth and depth of analysis driven by advanced algorithms, powerful big-data technology, and user-friendly trading tools.
