- ES 4 Hour chart shows price near range support zone.
- Price also testing 200 period SMA in Four hour time frame.
- Last chart shows bearish price action from the contraction pattern. This breakdown will extend gains only on breaking below the above mentioned support levels.
- EURUSD FALLING WEDGE BREAKOUT
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- EURUSD 4 Hour chart shows price breakout from a falling wedge pattern.
- Price need to stay above the cloud and 200 Period SMA Shown in chart 2 and 3 for a bigger up move to happen.
- BLACKBERRY BREAKS ABOVE 200 DAY SMA
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- Blackberry formed a bullish candle above 200 Day SMA.
- Weekly chart shows immediate target or resistance at the falling resistance line from 18 levels.
- If price moves above the resistance line it may fill the GAP between 12 and 14 levels shown in last chart.
- IBM CHART ANALYSIS
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- Crude oil daily chart shows the price testing 100 Day SMA.
- 4 Hour chart shows price at the Golden ratio.
- Price if closes above these levels may do a complete reversal towards 100 levels. Weakness at the above mentioned levels may attract selling towards 93 levels again.
- ES ASCENDING TRIANGLE AND RANGE
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