By: Dima Chernovolov GBP/USD continues to fall inside the hourly Falling Wedge chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Falling Wedge at the 3-bar level – which is the result of the slow Initial Trend and Clarity (one bar) and strong Uniformity (8 bars). GBP/USD is expected to […]

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By: Dima Chernovolov GBP/USD continues to rise inside the daily Up Channel chart pattern which was previously identified by Autochartist. Autochartist measures the quality of this Up Channel at the 6-bar level – which is the result of the slow Initial Trend (3 bars) and strong Uniformity and Clarity (both rated at the 8 bar […]

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By: Dima Chernovolov GBP/USD continues to rise inside the clear Up Channel chart pattern which was recently identified by Autochartist on the 4-hour charts. Autochartist rates the quality of this Up Channel at the 4-bar level – which is the result of the slow Initial Trend (3 bars), lower Uniformity (2 bars) and above-average Clarity […]

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By: Dima Chernovolov GBP/USD continues to fall inside the clear Falling Wedge chart pattern which was previously identified by Autochartist on the 4-hour charts. Autochartist rates the quality of this Falling Wedge at the 5-bar level – which reflects the slow Initial Trend (2 bars), below-average Uniformity (4 bars) and substantial Clarity (8 bars). GBP/USD […]

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Daily Forex Update: GBP/USD

By: Dima Chernovolov GBP/USD continues to fall inside the Down Channel chart pattern was recently identified by Autochartist on the 30-minute. Autochartist rates the Quality of this Down Channel at the 6-bar level – which is the result of the slow Initial Trend (2 bars), strong Uniformity (8 bars) and near-maximum Clarity (9 bars). GBP/USD […]

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Daily Forex Update: GBP/USD

By: Dima Chernovolov GBP/USD continues to fall after the earlier breakout of the clear Triangle chart pattern which was recently identified by Autochartist on the 4-hours charts. Autochartist rates the Quality of this Triangle at the 5 bar level – which is the result of the lower Initial Trend and Uniformity (both rated at the […]

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Daily Forex Update: GBP/USD

By: Dima Chernovolov GBP/USD continues to rise after the recent breakout of the high-quality Flag chart pattern which was previously identified by Autochartist on the daily charts. Autochartist rates the Quality of this Up Channel at the 9 bar level – which is the result of the sharp average Initial Trend (10 bars) and significant […]

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Daily Forex Update: GBP/USD

By: Dima Chernovolov GBP/USD continues to fall after the recent breakout of the Pennant chart pattern which was previously identified by Autochartist on the daily charts. The overall Quality of this Pennant is measured by Autochartist at the 7 bar level – which is the result of the strong Initial Trend (10 bars), below-average Uniformity […]

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Daily Forex Update: GBP/USD

By: Dima Chernovolov Autochartist recently identified the breakout of two chart patterns – Inverse Head and Shoulders and the Ascending Triangle on the hourly GBP/USD charts. The Quality of both of these chart patterns is measured by Autochartist at the 6 bar level. The strength of the breakout of these price patterns is similarly rated […]

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