A Channel Down pattern was identified on AUDUSD at 0.65153, creating an expectation that it may move to the support line at 0.6464. It may break through that line and continue the bearish trend or it may reverse from that line.
Supported by Downward sloping Moving Average
Target: 0.6464 Entry: 0.6515 Stop: 0.6539
Emerging Triangle pattern in its final wave was identified on the LTCUSD 1 hour chart. After a strong bullish run, we find LTCUSD heading towards the upper triangle line with
NZDUSD is trapped in a Channel Up formation, implying that a breakout is Imminent. This is a great trade-setup for both trend and swing traders. It is now approaching a
FTSE 100 is moving towards a line of 7882.7998 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so