ETHUSD is heading towards the resistance line of a Triangle and could reach this point within the next 3 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.
Supported by Upward sloping Moving Average
Target: 3164.537 Entry: 3129.75 Stop: 3022.75
The movement of USDJPY towards 146.9890 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in
DOW 30 moved through the resistance line of a Channel Down at 40799.377368421054 on the 4 hour chart. This line has been tested a number of times in the past
FTSE 100 is about to retest a key horizontal resistance level near 8335.3496. It has tested this level 3 times in the recent past and could simply bounce off like