Leveraged ETFs can feel like a financial thrill ride! They promise the potential for amplified returns, which sounds like a
Autochartist was awarded the prestigious “Best Software for Swing Trading” title at the 2024 Benzinga Global Fintech Awards, a landmark financial technology event in New York City. The Benzinga Global Fintech Awards, now in their tenth year, have a rigorous selection process. The finalists are scrutinised and independently judged based on numerous factors, including innovation, […]
Emerging Triangle pattern in its final wave was identified on the NGC/USD 4 hour chart. After a strong bullish run, we find NGC/USD heading towards the upper triangle line with a possible resistance at 3.1484. If the resistance shows to hold, the Triangle pattern suggests a rebound back towards current levels.
This trade setup on USDJPY 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 150.6327.
LTCUSD is heading towards the support line of a Channel Up. If this movement continues, the price of LTCUSD could test 128.4881 within the next 6 hours. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
FTSE100 is moving towards a resistance line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If FTSE100 continues in its current trajectory, we could see it […]
XAGUSD is about to retest a key horizontal resistance level near 30.7100. It has tested this level 5 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.
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