Emerging Channel Down pattern in its final wave was identified on the GBPJPY 30 Minutes chart. After a strong bearish run, we find GBPJPY heading towards the upper triangle line with a possible resistance at 186.9154. If the support shows to hold, the Channel Down pattern suggests a rebound back towards current levels.
Emerging Channel Up detected on USDJPY – the pattern is an emerging one and has not yet broken through support,
Emerging Channel Down detected on XAGUSD – the pattern is an emerging one and has not yet broken through resistance,
LTCUSD has experienced an extremely big movement in last 11 hours. It may continue the trend, but this would make
This trade setup on XAUUSD is formed by a period of consolidation; a period in which the price primarily moves
Emerging Channel Down pattern in its final wave was identified on the GBPJPY 30 Minutes chart. After a strong bearish
NAS100 hits 20065.4045 after a 9.42% move spanning 25 days.
Those of you that are trend followers are probably eagerly watching USDJPY to see if its latest 1.55% move continues.
