This trade setup on XAUUSD is formed by a period of consolidation; a period in which the price primarily moves sideways before choosing a new direction for the longer term. Because of the bearish breakout through support, it seems to suggest that we could see the next price move to 2715.4140.
FTSE100 is trapped in a Channel Up formation, implying that a breakout is Imminent. This is a great trade-setup for
USDJPY is moving towards a support line. Because we have seen it retrace from this line before, we could see
NAS100 is heading towards the resistance line of a Triangle and could reach this point within the next 2 days.
BTCUSD is moving towards a resistance line which it has tested numerous times in the past. We have seen it
EURUSD has experienced an exceptionally large amount of consecutive bearish candles to reach a price of 1.0859 in the last
Emerging Channel Up detected on FTSE100 – the pattern is an emerging one and has not yet broken through resistance,
LTCUSD is moving towards a resistance line. Because we have seen it retrace from this line before, we could see
