21 May 2020 Analysis (Forex, CFDs, Cryptocurrency)Currency PairsEUR/USD
Date : 21 May 2020
Support Line (A) : 1.0938 – Last TP of Rising Wedge
Resistance Line (B) : 1.0999 – Last TP of Rising Wedge
Target Period : 19 hours
Interval : 1 hour
Pattern : Rising Wedge
Length : 60 Candles
Detail : Rising Wedge identified at 21-May-05:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.0938 within the next 19 hours.
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Autochartist
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 forcasts.
– Risk and volatility information.