By: Dima Chernovolov CAD/JPY continues to rise inside the 30-minute Rising Wedge chart pattern, which was recently identified by Autochartist. Autochartist rates the quality of this Rising Wedge at the 4-bar level – which is the result of the slow Initial Trend (2 bars), medium Uniformity (5 bars) and lower Clarity (4 bars). CAD/JPY is […]
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By: Dima Chernovolov EUR/USD recently broke the key support level 1.1792 which was previously identified by Autochartist on the daily charts. Autochartist rates the Significance of this support level at the 5-bar level – which is the result of the five previous price reversals from this price level. EUR/USD is expected to continue to fall […]
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By: Dima Chernovolov EUR/JPY continues to fall inside the 4-hour Down Channel chart pattern, which was recently identified by Autochartist. Autochartist rates the quality of this Down Channel at the 7-bar level – which is the result of the slow Initial Trend (3 bars) and strong Uniformity and Clarity (8 bars). EUR/JPY is expected to […]
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By: Dima Chernovolov AUD/CAD recently broke the “neckline” of the hourly Head and Shoulders chart pattern, which was recently identified by Autochartist. Autochartist rates the quality of this Head and Shoulders at the 7-bar level – which is the result of the sharp Initial Trend (10 bars), above-average Uniformity (6 bars) and significant Clarity (8 […]
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