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Day: September 5, 2019

46 posts
USD/JPY Target Level: 106.7510

USD/JPY Target Level: 106.7510

Rising Wedge identified at 05-Sep-2019 11:00 UTC. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 106.7510 within the next 19 hours. Supported by Upward sloping Moving Average Chart 30 MinutesPattern Rising WedgeLength 114 CandlesIdentified 05-Sep-2019 11:00 UTC
XAG/USD Target Level: 19.5020

XAG/USD Target Level: 19.5020

Channel Down identified at 05-Sep-2019 11:00 UTC. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 19.5020 within the next 6 hours. Supported by RSI below 40 Chart 15 MinutesPattern Channel DownLength 75 CandlesIdentified 05-Sep-2019 11:00 UTC
Trading with the Alligator Indicator

Trading with the Alligator Indicator

The Alligator Index, as its name suggests, is highly effective at biting down on trading opportunities, or more appropriately, momentum opportunities. The Alligator Indicator is comprised of three SMMAs, or three Simple Moving Averages, that run on averages. The three SMMAs are aptly named the Jaw, the Teeth and the Lips. The Jaw, the slowest…