BTCUSD – resistance line breachedBTCUSD – resistance line breached
The last 10 1 hour candles on BTCUSD formed a Triangle pattern and broken out through the pattern lines, indicating a possible bullish movement towards the price level of 69054.1070.
Month: October 2024
Breach of important price line imminent by DAX 40Breach of important price line imminent by DAX 40
The price of DAX 40 in heading back to the resistance area. It is possible that it will struggle to break through it and move back in the other direction.
AUDUSD – Continuation Chart Pattern – Channel DownAUDUSD – Continuation Chart Pattern – Channel Down
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
Breach of important price line imminent by ASX 225Breach of important price line imminent by ASX 225
ASX 225 is en route to a very important line that will be a definite deciding factor of what is to come! We may see this trajectory continue to touch
Possible breach of support level by DAX 40Possible breach of support level by DAX 40
DAX 40 is heading towards the support line of a Falling Wedge and could reach this point within the next 2 days. It has tested this line numerous times in
EURUSD – getting close to psychological price lineEURUSD – getting close to psychological price line
EURUSD is heading towards a line of 1.0874. If this movement continues, the price of EURUSD could test 1.0874 within the next 2 days. But don’t be so quick to
A potential bullish movement on FTSE 100A potential bullish movement on FTSE 100
FTSE 100 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
A potential bullish movement on LTCUSDA potential bullish movement on LTCUSD
LTCUSD is heading towards a line of 70.4800. If this movement continues, the price of LTCUSD could test 70.4800 within the next 8 hours. But don’t be so quick to
A potential bearish movement on ASX 225A potential bearish movement on ASX 225
ASX 225 is moving towards a support line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage
Confirmed breakout on ETHUSD 1 hour chartConfirmed breakout on ETHUSD 1 hour chart
ETHUSD has broken through a line of 2599.1299 and suggests a possible movement to 2521.4390 within the next 2 days. It has tested this line numerous times in the past,