After posting 9 consecutive bullish candles over 3 days, consider where FTSE100 may be headed next: a continuation of the current upward trend or a reversal.
Skip to content After posting 9 consecutive bullish candles over 3 days, consider where FTSE100 may be headed next: a continuation of the current upward trend or a reversal.
BRN/USD is moving toward a resistance line. Since it has retraced from this line before, we may see either a breakout through it or a rebound to current levels. It has touched this line multiple times in the past 2 days and may test it again within the next 5 hours.
After posting 9 consecutive bullish candles over 3 days, consider where FTSE100 may be headed next: a continuation of the current upward trend or a reversal.
BRN/USD is trapped in a Rising Wedge formation, implying that a breakout is imminent. This is a strong trade setup for both trend and swing traders. It is now approaching a support line that has been tested before. Divergence watchers may be optimistic about a potential breakout, which could mark the start of a new […]
LTCUSD is about to retest a key horizontal support level near 54.0800. It has tested this level 6 times recently and may simply bounce off it, as it did last time. However, after so many attempts, it may be ready to start a new trend.
XAUUSD is heading toward the resistance line in a Rising Wedge pattern. If this move continues, the price of XAUUSD could test 5221.2819 within the next 5 hours. It has tested this line many times before, so the move could be short-lived and may rebound as it has before.
EURUSD is moving toward a support line. Because it has retraced from this level in the past, we may see either a breakout through this line or a rebound to current levels. It has touched this line multiple times over the last 3 days and may test it again within the next 10 hours.
S&P500 is moving toward a support line. Since it has retraced from this line before, we may see either a breakout through this line or a rebound to current levels. It has touched this line numerous times in the last 16 days and may test it again within the next 3 days.