Every retail broker knows this moment: A once-active trader starts slowing down. Fewer logins. No recent trades. Then…silence. One of
The last 9 4 hour candles on GBPJPY formed a Triangle pattern and broken out through the pattern lines, indicating a possible bullish movement towards the price level of 196.4590.
FTSE100 is about to retest a key horizontal resistance level near 8825.0703. It has tested this level 3 times in the recent past and could simply bounce off like it did last time. However, after this many tries, maybe it’s ready to start a new trend.
BTCUSD dropped sharply for 8 hours – which is an excessively big movement for this instrument; exceeding the 98% of past price moves. Even if this move is a sign of a new trend in BTCUSD there is a chance that we will witness a correction, no matter how brief.
BRN/USD is about to retest a key horizontal resistance level near 66.3745. It has tested this level 3 times in the recent past and could simply bounce off like it did last time. However, after this many tries, maybe it’s ready to start a new trend.
USDJPY has broken through a resistance line. It has touched this line at least twice in the last 10 days. This breakout may indicate a potential move to 144.7014 within the next 2 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before […]
S&P500 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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