Emerging Rising Wedge detected on AUDUSD – 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 0.6265 and it is expected to move to 0.6293.
Supported by Upward sloping Moving Average
Target: 0.6293 Entry: 0.6265 Stop: 0.6234
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
ETHUSD is heading towards the resistance line of a Rising Wedge. If this movement continues, the price of ETHUSD could test 3095.1200 within the next 6 hours. It has tested
Broke through Support level of 1.3201 at 12/2 10:30. Possible bearish price movement forecast for the next 11 hours towards 1.3162. Target: 1.3213 Entry: Stop: 1.3184