Possibility of big movement expected on FTSE China A50 Index
The last 8 4 hour candles on FTSE China A50 Index formed a Triangle pattern and broken out through the pattern lines, indicating a possible bullish movement towards the price level of 12219.2758.
Breach of important price line imminent by Australia 200 Index
Australia 200 Index is moving towards a key resistance level at 7046.6099. Australia 200 Index has previously tested this level 3 times and on each occasion it has bounced back off this level. Is this finally the time it will break through?
Will Hong Kong 50 Index have enough momentum to break support?
Hong Kong 50 Index was identified at around 17470.5 having recently rebounded of the resistance on the 30 Minutes data interval. Ultimately, the price action of the stock has formed a Channel Down pattern. This squeeze may increases the chances of a strong breakout. The projected movement will potentially take the price to around the […]
Breach of important price line imminent by Hong Kong 50 Index
Hong Kong 50 Index is approching a support line at 17539.5000. If it hits the support line, it may break through this level to conitnue the bearish trend, or it may turn around back to current levels.
Australia 200 Index – getting close to resistance of a Channel Up
Australia 200 Index is approaching the resistance line of a Channel Up. It has touched this line numerous times in the last 13 days. If it tests this line again, it should do so in the next 2 days.
FTSE China A50 Index – support line broken at 2023-11-07T02:00:00.000Z
FTSE China A50 Index has broken through a support line of a Rising Wedge and suggests a possible movement to 12037.7793 within the next 2 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could […]
Hong Kong 50 Index experienced an exceptionally large movement
Hong Kong 50 Index has experiened an extremely big movement in last 4 days. It may continue the trend, but this would make the move unprecidented in the recent past.
FTSE China A50 Index – Continuation Chart Pattern – Channel Up
FTSE China A50 Index was identified at around 12212.13 having recently rebounded of the support on the 1 hour data interval. Ultimately, the price action of the stock has formed a Channel Up pattern. This squeeze may increases the chances of a strong breakout. The projected movement will potentially take the price to around the […]
Continuation pattern on Hong Kong 50 Index
Hong Kong 50 Index has broken through a resistance line of a Rectangle chart pattern. If this breakout holds true, we may see the price of Hong Kong 50 Index testing 17797.3118 within the next 2 days. But don’t be so quick to trade, it has tested this line in the past, so you should […]
Australia 200 Index was on its way up
Australia 200 Index has moved higher by 1.29% from 6891.55 to 6980.55 in the last 13 hours.