Skip to content XAUUSD is heading towards the support line of a Channel Up and could reach this point within the next 12 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we […]
Emerging Ascending Triangle pattern in its final wave was identified on the ETHUSD 1 hour chart. After a strong bullish run, we find ETHUSD heading towards the upper triangle line with a possible resistance at 4486.7221. If the resistance shows to hold, the Ascending Triangle pattern suggests a rebound back towards current levels.
EURUSD has broken through a resistance line of a Ascending Triangle and suggests a possible movement to 1.1702 within the next 18 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement […]
FTSE100 is trapped in a Channel Up 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 […]
NGC/USD is trapped in a Channel Up 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 […]
