Inside technicals and chart patterns by 
Here I have a rising wedge pattern on the 30 minute chart. This chart has a total of three patterns on it and I could reduce or increase it depending upon how many completed and/or emerging patterns I want to see.
I’m pretty excited to show you the Autochartist plug-in on the MT4 platform. I just got it today and have been testing it but thought I would post a few charts as I am scanning pre-Asia. The Autochartist chart pattern for this alert above looks like this:
The red colored lines are the lines for emerging patterns while the blue are the lines form completed patterns. Notice also have the forecast regions (blue) shaded on the chart.
The set up here is likely a continuation as long as prices stay above the 90.00 level. Even though the uptrend line has been broken, with prices above the major psychological level, I am not eager to short north of it. The reversal would be better confirmed by the uptrend line break and a break of 90.00. Otherwise look for a buying opportunity off the support AREA here and perhaps a sideways stall are the Asian session open is still about 90 to 120 minute away.