DOW 30 is heading towards the support line of a Falling Wedge and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
Supported by Downward sloping Moving Average
Target: 41523.4107 Entry: 42400.26 Stop: 42994.69
This trade setup on LTCUSD is formed by a period of consolidation; a period in which the price primarily moves sideways before choosing a new direction for the longer term.
Approaching Support level of 23.16 identified at 9/25 17:30. This pattern is still in the process of forming. Possible bearish price movement towards the support 23.16 within the next 6
The movement of ASX 225 towards 8480.0000 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen