Emerging Falling Wedge detected on DAX 40 – 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 24135.0 and it is expected to move to 24028.2062.
Supported by Downward sloping Moving Average
Target: 24028.2062 Entry: 24135 Stop: 24201.2
Approaching Support level of 1.3491 identified at 9/12 21:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.3491 within the next 19
The last 6 4 hour candles on LTCUSD formed a Flag pattern and broken out through the pattern lines, indicating a possible bearish movement towards the price level of 93.7141.
This trade setup on ASX 225 is formed by a period of consolidation; a period in which the price primarily moves sideways before choosing a new direction for the longer