This trade setup on USDJPY 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 150.6327.
S&P500 is moving towards a resistance line which it has tested numerous times in the past. We have seen it
Emerging Falling Wedge pattern in its final wave was identified on the GBPJPY 4 hour chart. After a strong bearish
Emerging Rising Wedge detected on ETHUSD – the pattern is an emerging one and has not yet broken through support,
Emerging Falling Wedge detected on BRN/USD – the pattern is an emerging one and has not yet broken through resistance,
BRN/USD is trapped in a Falling Wedge formation, implying that a breakout is Imminent. This is a great trade-setup for
EURUSD is moving towards a resistance line. Because we have seen it retrace from this level in the past, we
NAS100 has broken through a resistance line of a Triangle and suggests a possible movement to 20917.5509 within the next
