Hi there, thanks for clicking. Here on NZDCAD, a nice little ascending wedge pattern has began to form from an initial push down. This could be a good indication for the price to fall if the price breaks outside the wedge pattern which is important to note has began to lose a bit of momentum. E.g. Bullish Hammer pattern have began to form indicating that the price...
Huge surge on the price of the instrument during the last couple of days causing resistance to be broken. Currently, the price has been identified as being in a flag pattern with an impulsive move to either the upside or the downside being expected. This is a long bias, so if the trade was to be taken a stop below the resistance would be ideal. This trade is...
The price of the instrument is currently nearing a key resistance point at the 137.744 level showing signs of a break of the previous downtrend on the 1-hour chart. It is important to note that if the price moves above this level this could be a strong indication of a long bias. More Conservative traders may want to wait until the price moves above the 200 day...
Technical analysis for EUR/USD
It has just broken out a steep downtrend could be meeting resistance at the 1.2864 level if uptrend continues.
Looking for buy opportunities.
ETH/BTC TECHNICAL ANALYSIS
Just broken above previous resistance level at 0.030807, could be looking at a long position to the 0.031365 level.
Proper risk management is advised.
here to the
