Resistant Line (A) : 1.2310 – Last TP of Rising Wedge
Target Period : 7 hours
Interval : 4 hours
Pattern : Rising Wedge
Length : 24 Candles
Identified : 29-August-19
Detail : Rising Wedge has broken through the support line at 28-Aug-16:00. Possible bearish price movement forecast for the next 7 hours towards 1.2128. (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.