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BCHUSD formed a Ascending Triangle on the 4 hour chart. Retest of resistance in sight.

Emerging Ascending Triangle detected on BCHUSD – 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 539.34 and it is expected to move to 559.3626.

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We expect a $306 movement on USDJPY within the next 4 hours.

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Because ASX 200 formed a Channel Up pattern, we expect it to touch the support line. If it breaks through support it may move much lower

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