MTN not looking good; be it on the daily, weekly or monthly. Price attempting to break neckline of a H&S pattern on the daily, which has a measured target around 45/46.
Price broke out of Inverse H&S on the weekly, came for a retest, and could be set for a move above 15,000.
A break from a flag technical formation; targets 1.59/1.60.
A pennant on the daily chart has developed. Attempted to break during yesterday's session, but came back to close inside the structure. A clear break to the upside will suffice for me pull the trigger, but I might wait for the 200dma (which is on its way) to be cleared first; then my target will be 6,000.
Attempted to break that bullish ascending triangle chart pattern, during yesterday's session; but closed back into the structure. On a clear break above resistance, I'm considering a 'long' for a price target above 15,000.
The pair seem to consolidating for a move higher, on the daily timeframe. A breaks out of that flag formation targets 2.0000
UK 100 attempting to break higher on the daily; if confirmed, target is 7,000.
Broke out of descending triangle chart pattern, came for a retest, rejected, and looks set for a move lower. Also have a 'death cross' of the 50 and 200 day moving averages. Short for a move to 1.3000
Price currently flirting with neckline support of a H&S technical chart pattern on the daily chart, if confirmed measured target is R28-R30.
Gap closed on the daily; that should now act a some form of support; price now flirting with the 200dma; once that's cleared, I have a 'Long' target of 60.
Becoming a fan of this technical chart pattern of late, pennants; probably because of their neutral nature,they can break either way. This one on the GBPCHF daily timeframe looks like it wants to break to the upside. If that break is confirmed, TP target is 1.2500.
VIX breaking to the downside of a bearish descending triangle chart pattern. Short term target is gap close around 17/18. A bearish VIX supports a bullish bias/sentiment for Equities.
Inverse head and shoulders on the AUDUSD weekly, targeting 0.8000
EURUSD bulls managing to push the pair to a monthly close above a 12 year downtrend resistance. That should open up 1.2500 as next long term target. I would monitor the lower timeframes for entry though, as a pullback may be due on those lower timeframes.
Gold breaking out of a consolidation range, on what looks like a potentially uninterrupted run to 1900.
DAX breaking out of a technical ascending triangle chart pattern on the daily, on what looks like a rally to ATHs. My 'conservative' target; 15,000!
Breaking to the downside of a H&S chart formation; short term target is R650; otherwise expecting R400/R500 in the medium-long term target.