By: Dima Chernovolov GBP/USD continues to rise inside 4-hour Rising Wedge chart pattern, which was recently identified by Autochartist. Autochartist measures the quality of this Rising Wedge at the 5-bar level – which is the result of the slow Initial Trend (1 bar), above-average Uniformity (6 bars) and higher Clarity (76 bars). GBP/USD is expected […]
By: Dima Chernovolov GBP/USD continues to rise after breaking the 4-hour Down Channel chart pattern which was recently identified by Autochartist. Autochartist measures the quality of this Down Channel at the 6-bar level – which is the result of the strong Initial Trend (10 bars), below-average Uniformity (5 bars) and significant Clarity (8 bars). GBP/USD […]
By: Dima Chernovolov GBP/USD 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 5-bar level – which is the result of the medium Initial Trend (5 bars), low Uniformity (2 bars) and significant Clarity (7 bars). GBP/USD expected […]
By: Dima Chernovolov GBP/USD continues to fall inside the 15-minute Down Channel chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Down Channel at the 5-bar level – which is the result of the slow Initial Trend (2 bars), average Uniformity (5 bars) and strong Clarity (8 bars). GBP/USD is […]
By: Dima Chernovolov GBP/USD continues to rise inside the hourly Triangle chart pattern which was recently identified by Autochartist. Autochartist measures the quality of this Triangle at the 4-bar level – which is the result of the slow Initial Trend (2 bars), above-average Uniformity (6 bars) and medium Clarity (5 bars). GBP/USD is expected to […]
By: Dima Chernovolov GBP/USD continues to fall inside the 30-minute Down Channel chart pattern which was identified recently by Autochartist. Autochartist rates the quality of this Down Channel at the 7-bar level – which is the result of the medium Initial Trend (5 bars), strong Uniformity (8 bars) and higher Clarity (9 bars). GBP/USD is […]
GBP/USD has broken through a resistance line of a Triangle and suggests a possible movement to 1.2869 within the next 21 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement […]
GBP/USD is approaching the support line of a Triangle. It has touched this line numerous times in the last 5 days. If it tests this line again, it should do so in the next 17 hours. Did you know that our social media feeds are updated only 3x per day, and don’t look at short […]
GBP/USD is heading towards the resistance line of a Channel Down and could reach this point within the next 16 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we […]
GBP/USD is heading towards the resistance line of a Rising Wedge. If this movement continues, we expect the price of GBP/USD to test 1.2976 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up […]
