EUR/GBP recently broke the hourly Down Channel chart pattern, which was recently identified by Autochartist. Autochartist measures the quality of this Down Channel at the 7-bar level – which is the result of the below-average Initial Trend (4 bars), low Uniformity (2 bars) and strong Clarity (8 bars). EUR/GBP is expected to rise toward the […]
By: Dima Chernovolov EUR/GBP rising toward the key resistance level 0.8829, which was recently identified by Autochartist. Autochartist rates the quality of this resistance level at the 3-bar level – which is the result of three previous reversals from this price level. EUR/GBP is expected to continue to rise toward the key resistance level 0.8829. […]
By: Dima Chernovolov EUR/GBP recently broke the 4-hour Descending Triangle chart pattern, which was recently identified by Autochartist. Autochartist rates the quality of this Descending Triangle at the 7-bar level – which is the result of the slow Initial Trend (2 bars), significant Uniformity (7 bars) and above-average Clarity (6 bars). EUR/GBP is expected to […]
By: Dima Chernovolov EUR/GBP continues to rise inside the 15-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 (1 bar), medium Uniformity and Clarity (5 bars). EUR/GBP is expected to rise […]
By: Dima Chernovolov EUR/GBP continues to rise in the direction of the key resistance level 0.8610, which was recently identified by Autochartist. Autochartist rates the quality of this resistance level at the 5-bar level – which is the result of the 5 earlier reversals from this price level. EUR/GBP is expected to rise toward the […]
By: Dima Chernovolov EUR/GBP continues to fall inside the hourly Down Channel chart pattern, which was recently identified by Autochartist. Autochartist rates the quality of this Down Channel at the 4-bar level – which is the result of the below-average Initial Trend (4 bars), low Uniformity (3 bars) and medium Clarity (5 bars). EUR/GBP is […]
By: Dima Chernovolov EUR/GBP continues to rise inside the 4-hour Rising Wedge chart pattern, which was recently 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 (4 bars), significant Uniformity (7 bars) and strong Clarity (9 bars). EUR/GBP is […]
By: Dima Chernovolov EUR/GBP recently broke the hourly key support level 0.8590 chart pattern, which was previously identified by Autochartist. Autochartist rates the significance of this support level at the 3-bar level – which reflects three earlier reversals from this price level. EUR/GBP is expected to fall toward the forecast price 0.8549. As can be […]
By: Dima Chernovolov EUR/GBP continues to fall inside the 30-minue Down Channel chart pattern, which was recently identified by Autochartist. Autochartist rated the quality of this Down Channel at the 8-bar level – which reflects the sharp Initial Trend (10 bars), below-average Uniformity and Clarity (both rated at the 8 bar level). EUR/GBP is expected […]
By: Dima Chernovolov EUR/GBP recently broke the 4-hour Pennant chart pattern, which was previously identified by Autochartist. Autochartist rates the quality of this Pennant at the 5-bar level – which is the result of the strong Initial Trend (10 bars), below-average Uniformity (4 bars) and stronger clarity (6 bars). EUR/GBP is expected to fall toward […]
