Date : 17 March 2020
Support Line (A) : 1.1055 – TP of Falling Wedge
Resistance Line (B) : 1.1237 – TP of Falling Wedge
Target Period : 2 days
Interval : 4 hours
Pattern : Falling Wedge
Length : 50 Candles
Detail : Falling Wedge identified at 17-Mar-09:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.1055 within the next 2 days. (Supported by Downward sloping Moving Average)
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Autochartist
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– Analysis as low as 15 minute data intervals.
– Short term forcasts.
– Risk and volatility information.