Rejection @ 1.35 area has pushed price back down to the newly support level. Possible re-test on this support level, waiting for signs of rejection to show bullish momentum. else we shall abandon this idea. We can then target again the 1.35 resistance area.
Very bullish condition seen on the Silver. We have a falling wedge(Bullish) > Break-out of wedge and support level > Increasing Bullish Candlestick on the breakout > RSI above 50 Good to target last high.
Currently on a uptrend and formed a bullish triangle pattern. Waiting for the break-out and re-test.
Head & Shoulder Pattern broken through and re-tested. RSI below 50.
Bullish trend followed by a falling wedge. Break-out to the upside.
Still in a down trend and has formed it's 2nd wedge. Rejection at resistance zone. Waiting for the break-out to the down side and target it's last low area.
Uptrend followed by a falling wedge. Break-out and re-tested. Target last high
NAS100 is now in a downtrend. Made the 1st rising wedge followed by a break-out to the downside. Now a new wedge is formed, waiting for the break-out.
Downtrend on a descending channel. Break-out on the upside to test its last high on a ascending channel. Need to see a rejection at the top and a break out from the bullish rally channel to continue back down. Positive news on AUD employment data.
Rectangular consolidation break-out and re-tested. Refer to my last posting.
Pair in a rectangular ranging/consolidation pattern. Could go either way but no direction yet for now. RSI is also neutral. Today's USD: Retail Sales & CAD: CPI news will path the way. Will wait for the break-out but for now staying away till then.
Head & Shoulder Pattern with broken neckline. Currently on a down trend and formed a bearish triangle pattern (Consolidation). Looking for the breakout to the down side and target last swing low.
Broke-out of consolidation to the down side with a re-test. Downtrend has now form a rising bearish triangle/wedge pattern. Divergence on RSI. Waiting for the break-out to continue to the down side.
Bullish pattern. Waiting for break-out and re-test for entry.
Pair still looking bullish with a break-out from a bullish pennant pattern.
Double top pattern with broken neck line and re-test. Target: last swing low
Bullish Rectangle Pattern seen after consolidating sideways and followed by a break-out. Re-test of the consolidation area. Potential target: last high or even 1800.
Rising Wedge with divergence on RSI. We can target the last support level