Emerging Channel Up pattern in its final wave was identified on the Nikkei 225 4 hour chart. After a strong bearish run, we find Nikkei 225 heading towards the upper triangle line with a possible resistance at 35620.0000. If the support shows to hold, the Channel Up pattern suggests a rebound back towards current levels.
Target: 35620 Entry: 35685 Stop: 36015
A Rising Wedge pattern was identified on DAX 40 at 22110.5, creating an expectation that it may move to the resistance line at 22222.8663. It may break through that line
ASX 225 has broken through a line of 8558.5996 and suggests a possible movement to 8632.3799 within the next 3 days. It has tested this line numerous times in the
FTSE 100 is heading towards the support line of a Head and Shoulders. If this movement continues, the price of FTSE 100 could test 8926.9949 within the next 10 hours.