US30 has broken through the support line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 35848.9777 may materialize within the next 5 hours.
Related Posts
DAX 40 has broken through resistance of a Triangle. It has touched this line at least twice in the last 4 days.
Triangle pattern identified on DAX 40 has broken through a resistance level with the price momentum continuing to…
FTSE 100 hits 7677.0 after a 2.1% move spanning 2 hours
FTSE 100 hits 7677.0 after a 2.1% move spanning 2 hours.
ASX 200 experienced a very large 13 days bearish move to 7165.3
Those of you that are trend followers are probably eagerly watching ASX 200 to see if its latest…