Emerging Channel Down pattern in its final wave was identified on the Nikkei 225 1 hour chart. After a strong bearish run, we find Nikkei 225 heading towards the upper triangle line with a possible resistance at 35393.5385. If the support shows to hold, the Channel Down pattern suggests a rebound back towards current levels.
Supported by Downward sloping Moving Average
Target: 35393.5385 Entry: 36425 Stop: 37091
A Channel Down pattern was identified on AUDUSD at 0.65153, creating an expectation that it may move to the support line at 0.6464. It may break through that line and
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.
BTCUSD is heading towards the resistance line of a Rising Wedge. If this movement continues, the price of BTCUSD could test 62398.3711 within the next 19 hours. It has tested