NAS100 is heading towards the support line of a Falling Wedge. If this movement continues, the price of NAS100 could test 20945.6490 within the next 2 days. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
ETHUSD has broken through a support line of a Triangle chart pattern. If this breakout holds true, we may see the price of ETHUSD testing 2652.1249 within the next 6 hours. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any […]
EURUSD has broken through a line of 1.1405. If this breakout holds true, we could see the price of EURUSD heading towards 1.1366 within the next 14 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirm the breakout before placing any […]
XAGUSD is trapped in a Channel Up formation, implying that a breakout is Imminent. This is a great trade-setup for both trend and swing traders. It is now approaching a support line that has been tested in the past. Divergence opportunists may be very optimistic about a possible breakout and this may be the start […]
NAS100 has broken through a resistance line. It has touched this line at least twice in the last 14 days. This breakout may indicate a potential move to 22175.5963 within the next 3 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before […]
S&P500 has broken through a line of 6008.0898 and suggests a possible movement to 6043.5171 within the next 6 hours. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back […]
GBPJPY is heading towards the support line of a Channel Up 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 […]
BRN/USD has broken through a resistance line. It has touched this line numerous times in the last 19 days. This breakout shows a potential move to 68.0871 within the next 19 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
