BTCUSD is trapped in a Falling Wedge formation, implying that a breakout is Imminent. This is a great trade-setup for
GBPJPY is approaching the resistance line of a Channel Up. It has touched this line numerous times in the last 9 days. If it tests this line again, it should do so in the next 2 days.
The movement of XAUUSD towards the support line of a Channel Down 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 […]
A strong resistance level has been identified at 1.1450 on the 30 Minutes EURUSD chart. EURUSD is likely to test it soon.
S&P500 is approaching the resistance line of a Rising Wedge. It has touched this line numerous times in the last 2 days. If it tests this line again, it should do so in the next 7 hours.
This trade setup on LTCUSD 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 bearish breakout through support, it seems to suggest that we could see the next price move to 89.7994.
NGC/USD is approaching the resistance line of a Channel Down. It has touched this line numerous times in the last 5 days. If it tests this line again, it should do so in the next 7 hours.
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