You would be well advised to confirm the breakout that has just occurred – do you believe the move through resistance to be significant? Do you have confirming indicators that the price momentum will continue? If so, look for a target of 110.0043 but consider reducing the size of your position as the price gets closer to that target.
Related Posts
ETHUSD – breach of a trending resistance line that has been tested at least twice before.
ETHUSD has broken through the resistance line which it has tested twice in the past. We have seen…
BCHUSD broke through a support at 2024-10-04T12:45:00.000Z, with the price momentum continuing to move in an downward direction over the next hours, good opportunity presents itself with the price expected to reach 315.5751.
You would be well advised to confirm the breakout that has just occurred – do you believe the…
Important price line breached by BTCAUD. This price has been tested numerous times before.
A strong resistance level has been breached at 89571.7969 on the 15 Minutes BTCAUD chart. Technical Analysis theory…