Emerging Descending Triangle pattern in its final wave was identified on the AUDUSD 4 hour chart. After a strong bearish run, we find AUDUSD heading towards the upper triangle line with a possible resistance at 0.6590. If the support shows to hold, the Descending Triangle pattern suggests a rebound back towards current levels.
Target: 0.659 Entry: 0.6633 Stop: 0.6673
ASX 225 is heading towards the resistance line of a Rising Wedge. If this movement continues, the price of ASX 225 could test 7704.2466 within the next 12 hours. It
An emerging Falling Wedge has been detected on ETHUSD on the 1 hour chart. There is a possible move towards 2304.0480 next few candles. Once reaching resistance it may continue
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