FTSE100 is moving towards a support line. Because we have seen it retrace from this level in the past, we
NGC/USD has broken through a support line of a Triangle chart pattern. If this breakout holds true, we may see the price of NGC/USD testing 3.9500 within the next 6 hours. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any […]
BTCUSD has broken through the support line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 89005.9731 may materialize within the next 3 days.
An emerging Falling Wedge has been detected on NAS100 on the 1 hour chart. There is a possible move towards 20931.2182 next few candles. Once reaching resistance it may continue its bearish run or reverse back to current price levels.
FTSE100 is about to retest a key horizontal support level near 8077.4800. It has tested this level 7 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.
BRN/USD is heading towards a line of 73.5805. If this movement continues, the price of BRN/USD could test 73.5805 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.
A strong support level has been identified at 3291.3301 on the 1 hour ETHUSD chart. ETHUSD is likely to test it soon.
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