Skip to content Emerging Channel Up detected on XAUUSD – the pattern is an emerging one and has not yet broken through support,
A Rising Wedge pattern was identified on FTSE100 at 8275.68, creating an expectation that it may move to the resistance line at 8339.2412. It may break through that line and continue the bullish trend or it may reverse from that line.
USDJPY hits 141.93 after a 5.28% move spanning 21 days.
An emerging Triangle has been detected on LTCUSD on the 4 hour chart. There is a possible move towards 74.4443 next few candles. Once reaching resistance it may continue its bearish run or reverse back to current price levels.
EURUSD is approaching a resistance line at 1.1413. If it hits the resistance line, it may break through this level to continue the bullish trend, or it may turn around back to current levels.
NGC/USD is trapped in a Falling Wedge formation, implying that a breakout is Imminent. This is a great trade-setup for both trend and swing traders. It is now approaching a resistance line that has been tested in the past. Divergence opportunists may be very optimistic about a possible breakout and this may be the start […]
This trade setup on S&P500 is formed by a period of consolidation; a period in which the price primarily moves sideways before choosing a new direction for the longer term. Because of the bullish breakout through resistance, it seems to suggest that we could see the next price move to 5385.4312.
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