Emerging Ascending Triangle pattern in its final wave was identified on the USDJPY 1 hour chart. After a strong bullish run, we find USDJPY heading towards the upper triangle line with a possible resistance at 151.8883. If the resistance shows to hold, the Ascending Triangle pattern suggests a rebound back towards current levels.
Supported by Upward sloping Moving Average
Target: 151.8883 Entry: 151.65 Stop: 151.303
FTSE 100 is heading towards a line of 8204.8398. If this movement continues, the price of FTSE 100 could test 8204.8398 within the next 2 days. But don’t be so
AUDUSD is about to retest a key horizontal resistance level near 0.6544. It has tested this level 5 times in the recent past and could simply bounce off like it
FTSE 100 was identified at around 8397.9 having recently rebounded of the support on the 1 hour data interval. Ultimately, the price action of the stock has formed a Channel