The breakout of S&P500 through the resistance line of a Triangle could be a sign of the road ahead. If this breakout persists, we may see the price of S&P500 testing 6134.0669 within the next 3 days.
The breakout of S&P500 through the resistance line of a Triangle could be a sign of the road ahead. If this breakout persists, we may see the price of S&P500 testing 6134.0669 within the next 3 days.
NGC/USD is trapped in a Rising 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 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 […]
A strong resistance level has been identified at 2778.1201 on the 30 Minutes ETHUSD chart. ETHUSD is likely to test it soon.
GBPJPY is moving towards a key resistance level at 192.1150. This is a previously tested level for GBPJPY. This could be a good trading opportunity, either at the spot price, or after breaching this level.
Emerging Channel Up pattern in its final wave was identified on the EURUSD 4 hour chart. After a strong bullish run, we find EURUSD heading towards the upper triangle line with a possible resistance at 1.0646. If the resistance shows to hold, the Channel Up pattern suggests a rebound back towards current levels.
FTSE100 is heading towards 8510.9004 and could reach this point within the next 3 days. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
XAUUSD is heading towards the support line of a Triangle and could reach this point within the next 5 hours. 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 could […]
BTCUSD is moving towards a resistance line. Because we have seen it retrace from this level in the past, 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 15 days and may test it again within the next […]