XAUAUD - Daily. UpTrend Channel.
SPX500USD (SPX500)- Daily non log chart- Rising WedgeSPX500USD (SPX500)- Daily non log chart- Rising Wedge
BitCoin (BTCUSD) - Ascending Broadening Wedge. According to Bulkowski's bible on technical analysis, tends to disappear in a bear market, and is usually seen in a bull market with a downward breakout. Probability of downward breakout is 52% For further details: thepatternsite.com
GOLD (XAUUSD) testing upper bounds of channel. Eventual Cup & Handle breakout?
Something is gonna give soon.
SPX500 wedging itself into a rising wedge.
S&P500 testing Uptrend line.
If price action remains in Uptrend channel.
thepatternsite.com Breakout can be in either direction.
US 10Y yield - Bearish RSI divergence.
US Dollar Index- Reverse Head and Shoulders pattern confirmed.
Initially prevailing Downtrend - Yellow line. 1- Downtrend is disrupted. 2- Temporary new dip is made (either higher, equal, or lower than prior immediate bottom). 3- Old previous high of 2 is taken out. If all 3 points are taken out, this is a 1-2-3 trend reversal. For further information: thepatternsite.com
Initially prevailing uptrend - Yellow line. 1- Uptrend is disrupted. 2- Temporary peak is made (either higher, equal, or lower than prior immediate high). 3- Old previous low is taken out. If all 3 points are taken out, this is a 1-2-3 trend reversal.