You would be well advised to confirm the breakout that has just occurred – do you believe the move through support to be significant? Do you have confirming indicators that the price momentum will continue? If so, look for a target of 5942.1007 but consider reducing the size of your position as the price gets closer to that target.
Emerging Falling Wedge pattern in its final wave was identified on the S&P500 15 Minutes chart. After a strong bearish
A Falling Wedge pattern was identified on XAGUSD at 30.199, creating an expectation that it may move to the support
GBPJPY is moving towards a resistance line. Because we have seen it retrace from this line before, we could see
An emerging Rising Wedge has been detected on NGC/USD on the 15 Minutes chart. There is a possible move towards
Emerging Rising Wedge pattern in its final wave was identified on the ETHUSD 30 Minutes chart. After a strong bullish
Emerging Channel Down pattern in its final wave was identified on the EURUSD 4 hour chart. After a strong bearish
NAS100 is en route to a very important line that will be a definite deciding factor of what is to
