Emerging Channel Down pattern in its final wave was identified on the ASX 200 4 hour chart. After a strong bullish run, we find ASX 200 heading towards the upper triangle line with a possible resistance at 8181.8730. If the resistance shows to hold, the Channel Down pattern suggests a rebound back towards current levels.
ARTÍCULOS RELACIONADOS
Will NAS 100 break through the support level it tested before?
NAS 100 is heading towards 20515.9258 and could reach this point within the next 19 hours. It has…
ASX 200 is quickly approaching the resistance line of a Channel Up. We expect either a breakout through this line or a rebound.
A Channel Up pattern was identified on ASX 200 at 8381.3, creating an expectation that it may move…
DOW 30 – It’s perhaps in these huge moves where the greatest opportunity lies
An unexpected large move has occurred on DOW 30 1 hour chart beginning at 43346.73 and ending at…