Date : 11 May 2020
Support Line (A) : 0.9589 – Last TP of Descending Triangle
Resistance Line (B) : 0.9784 – Last TP of Descending Triangle
Target Period : 2 days
Interval : 4 hours
Pattern : Descending Triangle
Length : 101 Candles
Detail : Descending Triangle identified at 08-May-04:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.9589 within the next 2 days. (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
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– Analysis as low as 15 minute data intervals.
– Short term forcasts.
– Risk and volatility information.