ASX 225 moved through the resistance line of a Pennant at 7971.90625 on the 1 hour chart. This line has been tested a number of times in the past and this breakout could mean an upcoming change from the current trend. It may continue in its current direction toward 8017.5612.
Supported by Upward sloping Moving Average
Target: 8017.5612 Entry: 7971.9063 Stop: 7945
GBPUSD 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
ASX 225 is moving towards a support line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage
Approaching Support level of 23.94 identified at 12/2 21:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 23.94 within the next 11