ASX 225 is heading towards the resistance line of a Rising Wedge and could reach this point within the next 20 hours. 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: 8258.3575 Entry: 8209.2 Stop: 8183.7
DOW 30 is trapped in a Rising Wedge formation, implying that a breakout is Imminent. This is a great trade-setup for both trend and swing traders. It is now approaching
AUDUSD is approaching the resistance line of a Channel Down. It has touched this line numerous times in the last 10 days. If it tests this line again, it should
BTCUSD has broken through a support line of a Rising Wedge and suggests a possible movement to 64858.2079 within the next 4 days. It has tested this line in the