An emerging Channel Down has been detected on EURUSD on the 4 hour chart. There is a possible move towards
An emerging Ascending Triangle has been detected on GBPJPY on the 4 hour chart. There is a possible move towards 195.4262 next few candles. Once reaching support it may continue its bullish run or reverse back to current price levels.
A Rising Wedge pattern was identified on NAS100 at 20296.546, creating an expectation that it may move to the resistance line at 20501.3524. It may break through that line and continue the bullish trend or it may reverse from that line.
The movement of ETHUSD towards the resistance line of a Rising Wedge is yet another test of the line it reached numerous times in the past. This line test could happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to […]
XAUUSD is moving towards a key resistance level at 2674.3601. XAUUSD has previously tested this level 3 times and on each occasion it has bounced back off this level. Is this finally the time it will break through?
BTCUSD 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 7 days and may test it again within the next […]
Emerging Rising Wedge detected on USDJPY – the pattern is an emerging one and has not yet broken through support, but the price is expected to move up over the next few hours. The price at the time the pattern was found was 149.086 and it is expected to move to 150.0222.
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