Support Line (A) : 0.6677 – Last TP of Channel Down
Resistant Line (B) : 0.6817 – Last TP of Channel Down
Target Period : 2 days
Interval : 4 hours
Pattern : Channel Down
Length : 106 Candles
Identified : 13-August-19
Detail : Channel Down identified at 10-Aug-04:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.6677 within the next 2 days. (Supported by Downward sloping Moving Average)
If you open a live account with a broker that support Autochartist, you’ll get:
– Analysis as low as 15 minute data intervals.
– Short term forecasts.
– Risk and volatility information.