ascendingchannel
chartpattern
eurusd
gold
nasdaq
risingwedge
trendanalysis
usdhuf
usdhuflongterm
xauusd
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Since mid-April, Nasdaq is forming an ascending channel, achieving new highs, without any previous resistance to oppose it. Buying when the price touches the support line & the RSI is below 30 looks like a good choice.
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EurUsd descending channel acts like a magnet: Past breakouts were only temporary
4
The rising wedge is a bearish pattern that begins wide at the bottom and contracts as prices move higher and the trading range narrows. Don't confuse it with the rising triangle.
4
Before you trade, or even before you state your bullish or bearish opinion on a currency pair, you should know the major resistance & support levels! Don't forget to look at the monthly or weekly chart...
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