Nikkei 225 is heading towards the resistance line of a Channel Down 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.
Target: 38736.75 Entry: 38123 Stop: 37614
An emerging Falling Wedge has been detected on ETHUSD on the 1 hour chart. There is a possible move towards 2304.0480 next few candles. Once reaching resistance it may continue
BTCUSD has breached the resistance line at 59992.1992. It may continue the bullish trend towards 61996.2539, or, it may prove to be yet another test of this level. Supported by
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