BTCUSD is heading towards the resistance line of a Inverse Head and Shoulders and could reach this point within the next 6 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: 93144.5059 Entry: 92029.69 Stop: 89735.28
ASX 225 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
Emerging Channel Down detected on USDCHF – the pattern is an emerging one and has not yet broken through resistance, but the price is expected to move up over the
Nikkei 225 is about to retest a key horizontal support level near 37865.0000. It has tested this level 4 times in the recent past and could simply bounce off like