UK100 has broken through a resistance line of a Triangle chart pattern. If this breakout holds true, we may see the price of UK100 testing 7514.7451 within the next 13 hours. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any action.
Related Posts
DAX 40 is quickly approaching the support line of a Channel Down. We expect either a breakout through this line or a rebound.
An emerging Channel Down has been detected on DAX 40 on the 1 hour chart. There is a…
ASX 200 seems to be on its way to resistance – a possible opportunity?
ASX 200 is moving towards a resistance line. Because we have seen it retrace from this level in…
DAX 40 hits 22384.2 after a 4.55% move spanning 15 days
DAX 40 has experienced an extremely big movement in last 14 days. It may continue the trend, but…