Emerging Channel Up pattern in its final wave was identified on the ASX 225 4 hour chart. After a strong bullish run, we find ASX 225 heading towards the upper triangle line with a possible resistance at 7940.9667. If the resistance shows to hold, the Channel Up pattern suggests a rebound back towards current levels.
Supported by Upward sloping Moving Average
Target: 7940.9667 Entry: 7872.2 Stop: 7790
A Channel Up pattern was identified on BTCUSD at 57492.31, creating an expectation that it may move to the support line at 55356.3018. It may break through that line and
FTSE 100 is moving towards a resistance line. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound
ETHUSD has broken through a line of 3562.0901. If this breakout holds true, we could see the price of ETHUSD heading towards 3749.3850 within the next 2 days. But don’t