A Triangle pattern was identified on LTCUSD at 65.5, creating an expectation that it may move to the support line at 64.0115. It may break through that line and continue the bearish trend or it may reverse from that line.
Supported by Downward sloping Moving Average
Target: 64.0115 Entry: 65.5 Stop: 66.65
AUDUSD is trapped in a Channel Down formation, implying that a breakout is Imminent. This is a great trade-setup for both trend and swing traders. It is now approaching a
DOW 30 is moving towards a resistance line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage
FTSE 100 moved through the support line of a Triangle at 8429.73953488372 on the 4 hour chart. This line has been tested a number of times in the past and