Skip to content BTCUSD has broken through the support line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 89005.9731 may materialize within the next 3 days.
An emerging Falling Wedge has been detected on NAS100 on the 1 hour chart. There is a possible move towards 20931.2182 next few candles. Once reaching resistance it may continue its bearish run or reverse back to current price levels.
FTSE100 is about to retest a key horizontal support level near 8077.4800. It has tested this level 7 times in the recent past and could simply bounce off like it did last time. However, after this many tries, maybe it’s ready to start a new trend.
BRN/USD is heading towards a line of 73.5805. If this movement continues, the price of BRN/USD could test 73.5805 within the next 3 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.
An emerging Rising Wedge has been detected on FTSE100 on the 1 hour chart. There is a possible move towards 8178.8956 next few candles. Once reaching support it may continue its bullish run or reverse back to current price levels.
