JPN225 has broken through the resistance line of a Ascending 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 15 days and suggests a possible target level to be around 33513.3941 within the next 16 hours.
Related Posts
UK100 – approaching a price line that has been previously tested numerous times in the past
The movement of UK100 towards 8213.0000 price line is yet another test of the line it reached numerous…
Important price line breached by AUS200. This price has been tested numerous times before.
A strong resistance level has been breached at 7742.0000 on the 30 Minutes AUS200 chart. Technical Analysis theory…
US30 has broken through a resistance line. It has touched this line numerous times in the last 12 days.
A strong resistance level has been breached at 39092.0000 on the 1 hour US30 chart. Technical Analysis theory…