Emerging Rising Wedge pattern in its final wave was identified on the USDCHF 30 Minutes chart. After a strong bullish run, we find USDCHF heading towards the upper triangle line with a possible resistance at 0.8596. If the resistance shows to hold, the Rising Wedge pattern suggests a rebound back towards current levels.
Supported by Upward sloping Moving Average
Target: 0.8596 Entry: 0.8572 Stop: 0.8549
The last 4 30 Minutes candles on USDCAD formed a Ascending Triangle pattern and broken out through the pattern lines, indicating a possible bullish movement towards the price level of
The last 6 1 hour candles on GBPUSD formed a Channel Up pattern and broken out through the pattern lines, indicating a possible bearish movement towards the price level of
DOW 30 is approaching a support line at 42151.3281. If it hits the support line, it may break through this level to continue the bearish trend, or it may turn