A Channel Down pattern was identified on Nikkei 225 at 38850.0, creating an expectation that it may move to the resistance line at 39044.5000. It may break through that line and continue the bullish trend or it may reverse from that line.
Target: 39044.5 Entry: 38850 Stop: 38350
DAX 40 is moving towards a resistance line. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound
The movement of ETHUSD towards the resistance line of a Channel Down is yet another test of the line it reached numerous times in the past. This line test could
ASX 225 has broken through a resistance line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading.