Emerging Rising Wedge pattern in its final wave was identified on the USDJPY 4 hour chart. After a strong bullish
An emerging Ascending Triangle has been detected on GBPJPY on the 4 hour chart. There is a possible move towards 199.3790 next few candles. Once reaching support it may continue its bullish run or reverse back to current price levels.
XAUUSD is approaching the support line of a Falling Wedge. It has touched this line numerous times in the last 4 days. If it tests this line again, it should do so in the next 6 hours.
ETHUSD has experienced an extremely big movement in last 6 days. It may continue the trend, but this would make the move unprecedented in the recent past.
BRN/USD has broken through a support line. It has touched this line numerous times in the last 16 days. This breakout shows a potential move to 72.0878 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.
You would be well advised to confirm the breakout that has just occurred – do you believe the move through support to be significant? Do you have confirming indicators that the price momentum will continue? If so, look for a target of 5942.1007 but consider reducing the size of your position as the price gets […]
Emerging Falling Wedge 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 1.0623. If the support shows to hold, the Falling Wedge pattern suggests a rebound back towards current levels.
Autochartist provides an extensive analytics toolset with features to take your trading to the next level. Empower your day-to-day trading decisions with an unrivalled breadth and depth of analysis driven by advanced algorithms, powerful big-data technology, and user-friendly trading tools.
