Emerging Channel Down pattern in its final wave was identified on the DAX 40 4 hour chart. After a strong bearish run, we find DAX 40 heading towards the upper triangle line with a possible resistance at 17897.4536. If the support shows to hold, the Channel Down pattern suggests a rebound back towards current levels.
Supported by Downward sloping Moving Average
Target: 17897.4536 Entry: 18117 Stop: 18356
Triangle pattern identified on BTCUSD has broken through a support level with the price momentum continuing to move in an downward direction. A solid trading opportunity continues with the price
DAX 40 is moving towards a line of 17780.0000 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so
The breakout of BTCUSD through the resistance line of a Rectangle could be a sign of the road ahead. If this breakout persists, we may see the price of BTCUSD