Date : 25 February 2020
Support Line (A) : 1642.9100 – TP of Falling Wedge
Resistance Line (B) : 1656.5500 – TP of Falling Wedge
Target Period : 8 hours
Interval : 15 Minutes
Pattern : Falling Wedge
Length : 108 Candles
Detail : Falling Wedge identified at 25-Feb-12:15. This pattern is still in the process of forming. Possible bearish price movement towards the support 1642.9100 within the next 8 hours. (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
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.