The last 17 4 hour candles on GBP/USD formed a Rising Wedge pattern and broken out through the pattern lines, indicating a possible bearish movement towards the price level of 1.2365.
Related Posts
EURAUD is quickly approaching the support line of a Triangle. We expect either a breakout through this line or a rebound.
Emerging Triangle pattern in its final wave was identified on the EURAUD 1 hour chart. After a strong…
If you’re long USDCHF you should be aware of the rapidly approaching level of 0.7937
USDCHF is about to retest a key horizontal support level near 0.7937. It has tested this level 5…
EURJPY – Large moves like this tend to draw attention.
EURJPY reached 172.4555 after a 0.79% move spanning 11 hours.