Thursday, December 31, 2020

GBP/JPY

 

GBP/JPY
09-Dec-10:00 -> 31-Dec-14:00
Target Level: 141.2215
 
SL: (A) 139.8005 Last TP of Rising Wedge
RL: (B) 141.2215 Last TP of Rising Wedge
Target Period: 2 days
 
Interval4 hour
PatternRising Wedge
Length47 Candles
Identified30-Dec-14:00
Rising Wedge identified at 30-Dec-14:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 141.2215 within the next 2 days.
Supported by Upward sloping Moving Average

EUR/USD

 

EUR/USD
17-Dec-09:00 -> 31-Dec-11:00
Target Level: 1.2181
 
SL: (A) 1.2181 Last TP of Channel Up
RL: (B) 1.2310 Last TP of Channel Up
Target Period: 2 days
 
Interval1 hour
PatternChannel Up
Length167 Candles
Identified31-Dec-10:00
Channel Up identified at 31-Dec-10:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.2181 within the next 2 days.
Supported by RSI above 60

Wednesday, December 30, 2020

GBP/USD

 

GBP/USD
09-Dec-10:00 -> 30-Dec-14:00
Target Level: 1.3620
 
SL: (A) 1.3481 Last TP of Ascending Triangle
RL: (B) 1.3620 Last TP of Ascending Triangle
Target Period: 2 days
 
Interval4 hour
PatternAscending Triangle
Length44 Candles
Identified30-Dec-02:00
Ascending Triangle identified at 30-Dec-02:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.3620 within the next 2 days.
Supported by Upward sloping Moving Average

GBP/JPY forex

 

GBP/JPY
15-Dec-16:00 -> 30-Dec-11:00
Target Level: 141.2215
 
SL: (A) 139.8005 Last TP of Rising Wedge
RL: (B) 141.2215 Last TP of Rising Wedge
Target Period: 2 days
 
Interval1 hour
PatternRising Wedge
Length181 Candles
Identified30-Dec-09:00
Rising Wedge identified at 30-Dec-09:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 141.2215 within the next 2 days.
Supported by Upward sloping Moving Average

EUR/GBP

 

EUR/GBP
09-Dec-06:00 -> 30-Dec-14:00
Target Level: 0.8953
 
SL: (A) 0.8953 Last TP of Falling Wedge
RL: (B) 0.9082 Last TP of Falling Wedge
Target Period: 2 days
 
Interval4 hour
PatternFalling Wedge
Length47 Candles
Identified30-Dec-10:00
Falling Wedge identified at 30-Dec-10:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.8953 within the next 2 days.
Supported by Downward sloping Moving Average