It would be prudent to confirm the breakout that just occurred. Do you consider the move through support significant? Do you have indicators confirming that the price momentum will continue? If so, aim for a target of 81085.7771, but consider reducing your position size as the price approaches that target.
A rare candlestick sequence was recorded on the ETHUSD Daily chart, ending at 2346.6900.
S&P500 has broken through a line at 7214.6802. If this breakout holds, we could see the price of S&P500 move toward 7178.7388 within the next 7 hours. However, don’t be too quick to trade. It has tested this line many times in the past, so confirm the breakout before placing any trades.
NGC/USD has broken through a line at 2.7365. If this breakout holds, we could see the price of NGC/USD move toward 2.7796 within the next 3 days. However, don’t be too quick to trade. It has tested this line many times in the past, so confirm the breakout before placing any trades.
Triangle pattern identified on GBPJPY has broken through a support level, with price momentum continuing to move downward. This presents a solid trading opportunity, with the price expected to reach 211.4635 in the next 11.
This trade setup on NAS100 formed after a period of consolidation, during which the price moved mostly sideways before choosing a longer-term direction. Following the bearish breakout through support, the price could move toward 27703.0311.
BTCUSD has breached the resistance line at 79117.3828. It may continue the bullish trend toward 80796.3984, or it may be yet another test of this level.
EURUSD is moving toward a level at 1.1676, which it has tested many times before. We have seen it retrace from this level before, so at this stage it isn’t clear whether it will break through this price or rebound again. If EURUSD continues on its current trajectory, we may see it move toward 1.1676 […]
