An emerging Rising Wedge has been detected on FTSE 100 on the 4 hour chart. There is a possible move towards 8931.7031 next few candles. Once reaching support it may continue its bullish run or reverse back to current price levels.
Supported by Upward sloping Moving Average
Target: 8931.7031 Entry: 8895.7 Stop: 8820.96
Broke through Support level of 23.17 at 11/21 14:30. Possible bearish price movement forecast for the next 11 days towards 20.59. Target: 24.37 Entry: Stop: 22.35
Approaching Support level of 198.62 identified at 9/8 08:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 198.62 within the next 1
DAX 40 moved through the support line of a Rising Wedge at 21680.35789473684 on the 15 Minutes chart. This line has been tested a number of times in the past