Emerging Falling Wedge detected on XAGUSD – 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 32.34 and it is expected to move to 31.7466.
EURUSD is trapped in a Channel Down formation, implying that a breakout is imminent. This is a strong trade setup for both trend and swing traders. It is now approaching a resistance line that has been tested before. Divergence watchers may be optimistic about a potential breakout, which could mark the start of a new […]
BTCUSD has broken through the support line, which it has tested twice before. We have seen it retrace from this line before, so wait for confirmation of the breakout before trading. If this new trend persists, a target level around 69845.3821 may materialize within the next 3 days.
NAS100 has broken through the support line, which it has tested twice before. We have seen it retrace from this line before, so wait for confirmation of the breakout before trading. If this new trend persists, a target level around 24120.1411 may materialize within the next 3 days.
BRN/USD is moving toward a resistance line. Because it has retraced from this level in the past, we may see either a breakout through this line or a rebound to current levels. It has touched this line multiple times over the last 10 days and may test it again within the next 2 days.
The last 3 15 Minutes candles on ETHUSD have formed a Triangle pattern and broken out through the pattern lines, indicating a possible bearish movement toward the price level at 2284.8676.
LTCUSD 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 13 days and may test it again within the next 3 days.
FTSE100 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 6 days and may test it again within the next 9 hours.
