Support Line (A) : 1540.3400 – Last TP of Falling Wedge
Resistant Line (B) : 1563.1950 – Last TP of Falling Wedge
Target Period : day
Interval : 1 hour
Pattern : Falling Wedge
Length : 92 Candles
Detail : Falling Wedge identified at 13-Jan-10:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1540.3400 within the next day.
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.
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.