Emerging Pennant detected on S&P500 – the pattern is an emerging one and has not yet broken through support, but the price is expected to move up over the next few hours. The price at the time the pattern was found was 6044.65 and it is expected to move to 6115.4050.
LTCUSD is heading towards a line of 111.6800. If this movement continues, the price of LTCUSD could test 111.6800 within the next 2 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.
NAS100 has broken through a resistance line. It has touched this line numerous times in the last 20 days. This breakout shows a potential move to 22098.7656 within the next 3 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
FTSE100 has broken through a support line. It has touched this line at least twice in the last 5 days. This breakout may indicate a potential move to 8082.5134 within the next 9 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before […]
S&P500 is heading towards the resistance line of a Rising Wedge. If this movement continues, the price of S&P500 could test 6000.0988 within the next 7 hours. 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.
XAGUSD is moving towards a key support level at 29.3610. This is a previously tested level for XAGUSD. This could be a good trading opportunity, either at the spot price, or after breaching this level.
An emerging Rising Wedge has been detected on LTCUSD on the 30 Minutes chart. There is a possible move towards 108.5753 next few candles. Once reaching support it may continue its bullish run or reverse back to current price levels.
EURUSD is moving towards a key support level at 1.0343. This is a previously tested level for EURUSD. This could be a good trading opportunity, either at the spot price, or after breaching this level.
