Date : 9 June 2020
Support Line (A) : 1.3357 – Last TP of Falling Wedge
Resistance Line (B) : 1.3437 – Last TP of Falling Wedge
Target Period : 8 hours
Interval : 30 Minutes
Pattern : Falling Wedge
Length : 78 Candles
Detail : Falling Wedge has broken through the resistance line at 09-Jun-08:30. Possible bullish price movement forecast for the next 8 hours towards 1.3419. (Supported by Upward 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.