GBPJPY is moving towards a resistance line. Because we have seen it retrace from this line before, we could see
An emerging Rising Wedge has been detected on NGC/USD on the 15 Minutes chart. There is a possible move towards 2.7793 next few candles. Once reaching support it may continue its bullish run or reverse back to current price levels.
Emerging Rising Wedge pattern in its final wave was identified on the ETHUSD 30 Minutes chart. After a strong bullish run, we find ETHUSD heading towards the upper triangle line with a possible resistance at 3470.0103. If the resistance shows to hold, the Rising Wedge pattern suggests a rebound back towards current levels.
Emerging Channel Down pattern in its final wave was identified on the EURUSD 4 hour chart. After a strong bearish run, we find EURUSD heading towards the upper triangle line with a possible resistance at 1.0455. If the support shows to hold, the Channel Down pattern suggests a rebound back towards current levels.
NAS100 is en route to a very important line that will be a definite deciding factor of what is to come! We may see this trajectory continue to touch and break through 21161.1445, unless it runs out of momentum and pulls back to current levels.
A movement of 7.74% over 16 hours on BTCUSD doesn’t go unnoticed. You may start considering where it’s heading next, a continuation of the current upward trend, or a reversal in the previous direction.
FTSE100 is moving towards a resistance line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 13 days and may test it again within the next […]
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