Date : 22 April 2020
Support Line (A) : 1.0817 – Last TP of Descending Triangle
Resistance Line (B) : 1.0880 – Last TP of Descending Triangle
Target Period : 2 days
Interval : 1 hour
Pattern : Descending Triangle
Length : 121 Candles
Detail : Descending Triangle identified at 22-Apr-11:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.0817 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.