By: Dima Chernovolov AUD/JPY continues to rise in the direction of the Key Resistance level 87.532 (of the type Approach) which was recently identified by Autochartist on the daily charts. Autochartist rates the Significance of this key level at the 3 bar level – which corresponds to the three recent price reversals from this resistance […]
By: Dima Chernovolov AUD/JPY continues to fall after the recent breakout of the uniform Triangle chart pattern which was previously identified by Autochartist on the daily charts. Autochartist rates the Quality of this Triangle at the 5 bar level – which is the result of the slow Initial Trend (3 bars), near-maximum Uniformity (9 bars) […]
By: Dima Chernovolov AUD/JPY continues to rise – following the earlier breakout of the Pennant chart pattern which was previously identified by Autochartist on the daily AUD/JPY charts. Autochartist rates the Quality of this Pennant at the 8 bar level – which is the result of the sharp Initial Trend (10 bars), significant Uniformity (7 […]
By: Dima Chernovolov AUD/JPY continues to rise inside the Down Channel chart pattern which was previously identified by Autochartist on the daily charts. Autochartist rates the overall Quality for this chart pattern at the 6 bar level – which reflects the significant Initial Trend (7 bars) and above-average Uniformity and Clarity (both rated at the […]
By: Dima Chernovolov Autochartist recently identified the uniform Down Channel on the 4-hour AUD/JPY charts. Autochartist rates the overall Quality of this chart pattern at the 6 bar level – which reflects the average Initial Trend (5 bars), near-maximum Uniformity (8 bars) and significant Clarity (6 bars). AUD/JPY is expected to rise toward the upper […]
