Emerging Channel Down pattern in its final wave was identified on the ASX 225 30 Minutes chart. After a strong bearish run, we find ASX 225 heading towards the upper triangle line with a possible resistance at 7680.2607. If the support shows to hold, the Channel Down pattern suggests a rebound back towards current levels.
Supported by Downward sloping Moving Average
Target: 7680.2607 Entry: 7740.3 Stop: 7784.3
ASX 225 has broken through the resistance line of a Triangle technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for
USDJPY has broken through a support line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It
Approaching Support level of 1.6302 identified at 9/30 21:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.6302 within the next 22