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Blog & Market Analysis

By: Dima Chernovolov USD/CAD recently broke the Rising Wedge chart pattern which was previously identified by Autochartist on the hourly charts. Autochartist rates the Quality of this Rising Wedge at the 6 bar level – which is the result of the medium Initial Trend (4 bars), and above-average Uniformity and Clarity (both rated at the […]
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By: Dima Chernovolov EUR/AUD continues to rise sharply after the earlier breakout of the well-formed Down Channel chart pattern which was previously identified by Autochartist on the daily charts. Autochartist rates the Quality of this Down Channel at the 6 bar level – which reflects the medium Initial Trend (5 bars), and near-maximum Uniformity and […]
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