US30 has broken through the resistance line of a Triangle technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 4 days and suggests a possible target level to be around 35971.0855 within the next 6 hours.
Related Posts
There is a possibility of a big movement on AUS200 after a breach of the resistance
AUS200 has broken through a resistance line. It has touched this line at least twice in the last…
UK100 – It’s perhaps in these huge moves where the greatest opportunity lies
A movement of 5.01% over 12 days on UK100 doesn’t go unnoticed. You may start considering where it’s…
Big movement possible on US30 after a breach of 38492.0000
US30 has broken through a resistance line. It has touched this line numerous times in the last 7…