By: Dima Chernovolov EUR/NZD recently broke the daily Up Channel chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Up Channel at the 7-bar level – which is the result of the sharp Initial Trend (10 bars) and strong Uniformity and Clarity (8 bars). EUR/NZD is expected to fall further […]
By: Dima Chernovolov EUR/NZD continues to rise inside 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 slow Initial Trend (2 bars), higher Uniformity (6 bars) and near-maximum Clarity (9 bars). EUR/NZD is […]
By: Dima Chernovolov EUR/NZD recently broke the hourly Down Channel chart pattern which was recently identified by Autochartist. Autochartist measures the quality of this Down Channel at the 6-bar level – which reflects the slow Initial Trend (4 bars), strong Uniformity (8 bars) and maximum Clarity (10 bars). EUR/NZD is expected to rise toward the […]
