Emerging Channel Up detected on EURUSD – the pattern is an emerging one and has not yet broken through support, but the price is expected to move up over the next few hours. The price at the time the pattern was found was 1.09029 and it is expected to move to 1.0972.
Supported by Upward sloping Moving Average
Target: 1.0972 Entry: 1.0903 Stop: 1.0872
Emerging Channel Down pattern in its final wave was identified on the DAX 40 4 hour chart. After a strong bearish run, we find DAX 40 heading towards the upper
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
FTSE 100 is en route to a very important line that will be a definite deciding factor of what is to come! We may see this trajectory continue to touch