ETHUSD experienced an extremely large move that lasted 2. This movement is in the 2.0 percentile and is uncommon. It is not unusual to witness a pullback after such a big movement.
ETHUSD experienced an extremely large move that lasted 2. This movement is in the 2.0 percentile and is uncommon. It is not unusual to witness a pullback after such a big movement.
A Channel Down pattern was identified on GBPJPY at 202.397, creating an expectation that it may move to the support line at 201.5819. It may break through that line and continue the bearish trend or it may reverse from that line.
S&P500 experienced an extremely large move that lasted 7. This ranks in the 97.0 percentile and is considered uncommon based on recent price data.
LTCUSD has broken through a resistance line. It has touched this line at least twice in the last 3 days. This breakout may indicate a potential move to 104.4462 within the next 6 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before […]
EURUSD is heading towards the resistance line of a Channel Down and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we […]
BTCUSD is trapped in a Channel Down 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 […]
S&P500 is approaching a support line at 6715.0200. If it hits the support line, it may break through this level to continue the bearish trend, or it may turn around back to current levels.
BRN/USD is moving towards a support line. Because we have seen it retrace from this line before, 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 2 days and may test it again within the next 6 hours.