Skip to content NAS100 was identified around 24922.8906 after recently rebounding off the resistance on the 15 Minutes interval. Ultimately, the stock’s price action has formed a Falling Wedge pattern. This squeeze may increase the chances of a strong breakout. The projected move could take the price to around 24589.0328.
XAGUSD is moving toward a support line. Since it has retraced from this line before, we may see either a breakout through it or a rebound to current levels. It has touched this line multiple times in the past 2 days and may test it again within the next 9 hours.
An emerging Falling Wedge has been detected on ETHUSD. The pattern has not yet broken through resistance, but the price is expected to move up over the next few hours. At the time the pattern was found, the price was 3109.51, and it is expected to move to 3008.7974.
This trade setup on USDJPY formed after a period of consolidation, during which the price moved mostly sideways before choosing a longer-term direction. Following the bearish breakout through support, the price could move toward 153.6557.
An emerging Rising Wedge has been detected on XAUUSD. The pattern has not yet broken through support, but the price is expected to move up over the next few hours. At the time the pattern was found, the price was 4213.385, and it is expected to move to 4266.8382.
FTSE100 is moving toward a resistance line. Since it has retraced from this line before, we may see either a breakout through it or a rebound to current levels. It has touched this line multiple times in the past 9 days and may test it again within the next 12 hours.
