An emerging Rising Wedge has been detected on S&P500 on the 15 Minutes chart. There is a possible move towards 5727.8059 next few candles. Once reaching support it may continue its bullish run or reverse back to current price levels.
Skip to content An emerging Rising Wedge has been detected on S&P500 on the 15 Minutes chart. There is a possible move towards 5727.8059 next few candles. Once reaching support it may continue its bullish run or reverse back to current price levels.
EURUSD experienced an extremely large move that lasted 14. This movement is in the 5.0 percentile and is uncommon. It is not unusual to witness a pullback after such a big movement.
LTCUSD is approaching the resistance line of a Flag. It has touched this line numerous times in the last 4 days. If it tests this line again, it should do so in the next 5 hours.
Trend followers are probably eagerly watching BRN/USD to see if its latest 4 consecutive candles continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 5 day move.
S&P500 is trapped in a Falling Wedge 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 […]
A strong support level has been breached at 98114.2031 on the 1 hour BTCUSD chart. Technical Analysis theory forecasts a movement to 92940.6328 in the next 3 days.
XAGUSD is heading towards the support line of a Channel Down. If this movement continues, the price of XAGUSD could test 28.1125 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.
A movement of 2.22% over 2 days on USDJPY doesn’t go unnoticed. You may start considering where it’s heading next, a continuation of the current upward trend, or a reversal in the previous direction.