A Channel Up pattern was identified on BTCUSD at 67486.43, creating an expectation that it may move to the support
XAUUSD has broken through a resistance line. It has touched this line numerous times in the last 17 days. This breakout shows a potential move to 2695.2390 within the next 3 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
FTSE100 is moving towards a key resistance level at 8338.5996. This is a previously tested level for FTSE100. This could be a good trading opportunity, either at the spot price, or after breaching this level.
GBPJPY has broken through a support line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 10 days and suggests a possible target level to be around 193.1028 within the next 2 […]
ETHUSD was identified at around 2624.46 having recently rebounded of the support on the 1 hour data interval. Ultimately, the price action of the stock has formed a Channel Up pattern. This squeeze may increases the chances of a strong breakout. The projected movement will potentially take the price to around the 2790.9725 level.
LTCUSD has experienced an extremely big movement in last 5 hours. It may continue the trend, but this would make the move unprecedented in the recent past.
S&P500 has broken through the support line of a Channel Up technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 12 days and suggests a possible target level […]
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