Skip to content Triangle pattern identified on NAS100 has broken through a support level with the price momentum continuing to move in an downward direction. A solid trading opportunity continues with the price expected to reach 20679.6552 in the next 3.
A Channel Down pattern was identified on GBPJPY at 195.192, creating an expectation that it may move to the resistance line at 196.2769. It may break through that line and continue the bullish trend or it may reverse from that line.
BRN/USD was identified at around 76.1965 having recently rebounded of the resistance on the 30 Minutes data interval. Ultimately, the price action of the stock has formed a Channel Up pattern. This squeeze may increases the chances of a strong breakout. The projected movement will potentially take the price to around the 75.3148 level.
USDJPY is trapped in a Descending Triangle 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 […]
EURUSD was identified at around 1.03609 having recently rebounded of the support on the 1 hour data interval. Ultimately, the price action of the stock has formed a Channel Down pattern. This squeeze may increases the chances of a strong breakout. The projected movement will potentially take the price to around the 1.0382 level.
