You would be well advised to confirm the breakout that has just occurred – do you believe the move through support to be significant? Do you have confirming indicators that the price momentum will continue? If so, look for a target of 16941.1122 but consider reducing the size of your position as the price gets closer to that target.
Related Posts
Nikkei 225 heading towards a price it has tested 5 times in the recent past.
A strong resistance level has been identified at 45777.0000 on the 15 Minutes Nikkei 225 chart. Nikkei 225…
Big bullish swing on DAX 40 – this may be one of its more notable movements in the recent session.
A movement of 1.66% over 4 days on DAX 40 doesn’t go unnoticed. You may start considering where…
A possible move on NAS 100 as it heads towards support
NAS 100 is approaching the support line of a Triangle. It has touched this line numerous times in…