ASX 225 was identified at around 8450.9 having recently rebounded of the support on the 1 hour data interval. Ultimately, the price action of the stock has formed a Rising Wedge pattern. This squeeze may increases the chances of a strong breakout. The projected movement will potentially take the price to around the 8526.8233 level.
Supported by Upward sloping Moving Average
Target: 8526.8233 Entry: 8450.9 Stop: 8416
A strong resistance level has been breached at 17745.0996 on the 1 hour DAX 40 chart. Technical Analysis theory forecasts a movement to 17982.8301 in the next 20 hours. Supported
AUDUSD 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 it
Emerging Falling Wedge pattern in its final wave was identified on the ETHUSD 15 Minutes chart. After a strong bullish run, we find ETHUSD heading towards the upper triangle line