ESP35 approaching important bearish key level

ESP35 is about to retest a key horizontal support level near 14964.2598. It has tested this level 4 times in the recent past and could simply bounce off like it did last time. However, after this many tries, maybe it’s ready to start a new trend. Past performance is not an indicator of future results. […]
ESP35 approaching important bearish key level

ESP35 is about to retest a key horizontal support level near 14964.2598. It has tested this level 4 times in the recent past and could simply bounce off like it did last time. However, after this many tries, maybe it’s ready to start a new trend. Past performance is not an indicator of future results. […]
bullish technical pattern on EURGBP 1 hour

EURGBP has broken through the resistance line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 0.8667 may materialize within the next 2 days. Past performance […]
bullish technical pattern on EURGBP 1 hour

EURGBP has broken through the resistance line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 0.8667 may materialize within the next 2 days. Past performance […]
A potential bullish movement on ESP35

ESP35 is heading towards 15363.5000 and could reach this point within the next 3 days. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels. […]
Confirmed breakout on ESP35 1 hour chart

ESP35 has broken through a line of 15363.5000 and suggests a possible movement to 15642.0449 within the next 3 days. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back […]
Possible breach of resistance level by USDJPY

USDJPY is heading towards the resistance line of a Triangle. If this movement continues, the price of USDJPY could test 147.9978 within the next 9 hours. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past. Past performance […]
Possible breach of resistance level by USDJPY

USDJPY is heading towards the resistance line of a Triangle. If this movement continues, the price of USDJPY could test 147.9978 within the next 9 hours. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past. Past performance […]
A potential bullish movement on EURJPY

EURJPY is trapped in a Channel Up formation, implying that a breakout is Imminent. This is a great trade-setup for both trend and swing traders. It is now approaching a support line that has been tested in the past. Divergence opportunists may be very optimistic about a possible breakout and this may be the start […]
AUDUSD approaching resistance of a Rising Wedge

Emerging Rising Wedge detected on AUDUSD – 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 0.666605 and it is expected to move to 0.6714. Past performance is […]