A Falling Wedge pattern was identified on Nikkei 225 at 38286.0, creating an expectation that it may move to the support line at 38183.4722. It may break through that line and continue the bearish trend or it may reverse from that line.
Related Posts
ASX 200 formed a Channel Up on the 1 hour chart. Retest of support in sight.
ASX 200 was identified at around 8577.7 having recently rebounded of the resistance on the 1 hour data…
CAC 40 has formed 7 bearish candles successively, what is the probability of getting another bearish candle?
Rare set of consecutive candles on the CAC 40 4 hour chart. Could we expect a turn around…
After trying numerous times in the past, US 500 finally breaks 6232.8999!
US 500 has broken through a line of 6232.8999. If this breakout holds true, we could see the…