A Rising Wedge pattern was identified for NGC/USD at 5.0025, suggesting it may move toward the resistance line at 5.0378.
The movement of NAS100 toward the resistance line of a Rising Wedge is yet another test of the line it has reached numerous times in the past. This test of the line could occur within the next 6 hours, but it is uncertain whether it will result in a breakout through this line or simply […]
ETHUSD has broken through a level at 3075.0200, suggesting a possible move to 3253.4170 within the next 3 days. It has tested this level numerous times in the past, so you should wait for confirmation of this breakout before taking any action. If the breakout does not confirm, we could see a retracement back to […]
USDJPY is heading toward the resistance line of a Triangle pattern and could reach it within the next 2 days. It has tested this line numerous times before, and this time may be no different, ending in a rebound instead of a breakout. If a breakout doesn’t occur, we could see a retracement back to […]
XAUUSD has broken through a level at 4192.1299, suggesting a possible move to 4162.2744 within the next 12 hours. It has tested this level numerous times in the past, so you should wait for confirmation of this breakout before taking any action. If the breakout does not confirm, we could see a retracement back to […]
LTCUSD is moving toward a resistance line. Since it has retraced from this line before, we may see either a breakout through it or a rebound to current levels. It has touched this line multiple times in the past 3 days and may test it again within the next 18 hours.
S&P500 is moving toward a resistance line. Since it has retraced from this line before, we may see either a breakout through it or a rebound to current levels. It has touched this line multiple times in the past 16 days and may test it again within the next 3 days.
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