Emerging Channel Down detected on BTCUSD – the pattern is an emerging one and has not yet broken through support, but the price is expected to move up over the next few hours. The price at the time the pattern was found was 54370.81 and it is expected to move to 55095.0768.
Supported by Upward sloping Moving Average
Target: 55095.0768 Entry: 54370.81 Stop: 52552.05
This trade setup on FTSE 100 is formed by a period of consolidation; a period in which the price primarily moves sideways before choosing a new direction for the longer
An emerging Channel Down has been detected on NZDUSD on the 1 hour chart. There is a possible move towards 0.6068 next few candles. Once reaching resistance it may continue
BTCUSD moved through the support line of a Rising Wedge at 66453.2261111111 on the 4 hour chart. This line has been tested a number of times in the past and