Emerging Channel Down detected on NAS100 – the pattern is an emerging one and has not yet broken through resistance, but the price is expected to move up over the next few hours. The price at the time the pattern was found was 21035.8496 and it is expected to move to 20374.2360.
An emerging Rising Wedge has been detected on USDJPY on the 15 Minutes chart. There is a possible move towards 149.9364 next few candles. Once reaching support it may continue its bullish run or reverse back to current price levels.
The movement of ETHUSD towards 2514.8000 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 7 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
Emerging Channel Up pattern in its final wave was identified on the NGC/USD 1 hour chart. After a strong bearish run, we find NGC/USD heading towards the upper triangle line with a possible resistance at 4.1904. If the support shows to hold, the Channel Up pattern suggests a rebound back towards current levels.
LTCUSD is moving towards a resistance line. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 7 days and may test it again within the next 2 days.
Emerging Rising Wedge detected on EURUSD – the pattern is an emerging one and has not yet broken through support, but the price is expected to move up over the next few hours. The price at the time the pattern was found was 1.05194 and it is expected to move to 1.0536.
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As a leading global provider of multi-award-winning broker tools and services, Autochartist remains committed to innovation, digital transformation and customer service. Join us for an exclusive interview with Ilan Azbel, the CEO of Autochartist, as he shares invaluable insights into the company’s journey and offers a glimpse into the future of digital brokerage. Q: Autochartist […]
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