The movement of Nikkei 225 towards the support line of a Channel Up is yet another test of the line it reached numerous times in the past. This line test could happen in the next 20 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current levels.
Target: 38822.1406 Entry: 39035 Stop: 39438
AUDUSD was identified at around 0.66102 having recently rebounded of the support on the 4 hour data interval. Ultimately, the price action of the stock has formed a Rising Wedge
DAX 40 has broken through a support line of a Rising Wedge and suggests a possible movement to 18488.4994 within the next 23 hours. It has tested this line in
This trade setup on DOW 30 is formed by a period of consolidation; a period in which the price primarily moves sideways before choosing a new direction for the longer