By: Dima Chernovolov Autochartist recently identified the breakout of the high-quality Triangle chart pattern on the daily EUR/CAD charts. Autochartist rates the Quality of this chart pattern at the 8 bar level – which is the result of the strong Initial Trend and Clarity (both rated at the 8 bar level) and significant Uniformity (7 […]
By: Dima Chernovolov As you can see from the following chart – Autochartist recently identified the extended Triangle on the 4-hour GBP/JPY charts. Autochartist measures the Quality of this chart pattern at the 4 bar level – which is the result of the lower Initial Trend and Clarity (rated at the 4 and 1 bar […]
By: Dima Chernovolov Autochartist recently identified the breakout of two chart patterns – Inverse Head and Shoulders and the Ascending Triangle on the hourly GBP/USD charts. The Quality of both of these chart patterns is measured by Autochartist at the 6 bar level. The strength of the breakout of these price patterns is similarly rated […]
By: Dima Chernovolov Autochartist recently identified the breakout of the high Quality Up Channel on the daily EUR/USD charts. Autochartist rates the Quality of this chart pattern at the 8 bars level – which is the result of the strong Initial Trend (8 bars), above-average Uniformity (6 bars) and higher Clarity (7 bars). The strength […]
By: Dima Chernovolov Autochartist earlier identified the breakout of the high-quality Up Channel chart pattern on the hourly AUD/USD charts. The overall Quality of this chart pattern is measured at the 8-bar level – which reflects the average Initial trend (5 bars) and substantial Uniformity and Clarity (rated at the 8-bar and 9–bar levels respectively). […]
By: Dima Chernovolov Autochartist recently identified the breakout of the extended Ascending Triangle on the hourly USD/CHF charts. Autochartist measures the length of this chart pattern at the 209 candles. The overall Quality of this Ascending Triangle is measured at the 5 bar level – which is the result of the low Initial Trend (one […]
By: Dima Chernovolov CAD/CHF continues to fall inside the Clear Up Channel chart pattern which was previously identified by Autochartist on the daily charts. Autochartist rates the Quality of this chart pattern at the 7 bar level – which reflects the average Initial Trend (5 bars), higher Uniformity (7 bars) and near-maximum Clarity (9 bars). […]
By: Dima Chernovolov As can be seen from the following chart – Autochartist recently identified the breakout of the 4-hour resistance level 1.5162 (its length is equal to 122 candles). Autochartist rates the strength of this resistance level at the 3 bar level – which is the result of the three recent downward reversals from […]
By: Dima Chernovolov Autochartist recently identified the uniform Falling Wedge chart pattern on the daily CHF/JPY charts. Autochartist rates the Quality of this chart pattern at the 5 bars level – which is the result of the low Initial Trend (3 bars), above-average Uniformity (6 bars) and lower Clarity (5 bars). The price is likely […]
By: Dima Chernovolov GBP/CAD recently identified the breakout of the hourly resistance level 1.8326. The Significance of this resistance level is rated by Autochartist at the 4 bars level – which reflects the 4 recent reversals from this price level. The pair is expected to rise further toward the Forecast Price 1.8448 in the coming […]
