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Blog & Market Analysis

By: Dima Chernovolov CAD/JPY recently broke the 4-hour Rising Wedge chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Rising Wedge at the 7-bar level – which is the result of the strong Initial Trend (8 bars), significant Uniformity (7 bars) and near-maximum Clarity (9 bars). CAD/JPY is expected to […]
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By: Dima Chernovolov USD/JPY recently broke the 4-hour Up Channel chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Up Channel at the 5-bar level – which is the result of the below-average Initial Trend (4 bars), significant Uniformity (7 bars) and near-maximum Clarity (9 bars). USD/JPY is expected to […]
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By: Dima Chernovolov EUR/CAD continues fall rise inside the 4-hour Falling Wedge chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Falling Wedge at the 6-bar level – which is the result of the slow Initial Trend (2 bars), strong Uniformity (8 bars) and significant Clarity (7 bars). EUR/CAD is […]
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By: Dima Chernovolov GBP/JPY continues to rise inside the hourly Triangle chart pattern which was previously identified by Autochartist. Autochartist measures the quality of this Triangle at the 4-bar level – which is the result of the slow Initial Trend (1 bar), significant Uniformity (7 bars) and lower Clarity (2 bars). GBP/JPY is expected to […]
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