Emerging Channel Up detected on FTSE 100 – the pattern is an emerging one and has not yet broken through support, but the price is expected to move up over the next few hours. The price at the time the pattern was found was 8475.13 and it is expected to move to 8517.3127.
Target: 8517.3127 Entry: 8475.13 Stop: 8430.28
A Rising Wedge pattern was identified on LTCUSD at 135.25, creating an expectation that it may move to the resistance line at 145.7082. It may break through that line and
ASX 225 is moving towards a resistance line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or
EURUSD is trapped in a Triangle 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