Support Line (A) : 1486.5350 – Last TP of Channel Down
Resistant Line (B) : 1490.8500 – Last TP of Channel Down
Target Period : 5 hours
Interval : 15 Minutes
Pattern : Channel Down
Length : 63 Candles
Identified : 10-September-19
Detail : Channel Down identified at 10-Sep-13:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1486.5350 within the next 5 hours. (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.