FRA40 has broken through a support line of a Triangle chart pattern. If this breakout holds true, we expect the price of FRA40 to test 5459.5921 within the next 3 days. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirmation the breakout before placing any trades.
Related Posts
An unexpected large move has occurred on US 500 Daily chart! Is this a sign of something new? What can we expect?
An unexpected large move has occurred on US 500 Daily chart beginning at 5471.1 and ending at 5181.62.…
Resistance line breached by US 500. This price has been tested at least twice before.
You would be well advised to confirm the breakout that has just occurred – do you believe the…
Supports and resistances are primary concepts of technical analysis. DAX 40 is heading for an important price of 21417.6992 – read about what this could mean for the future.
DAX 40 is approaching a resistance line at 21417.6992. If it hits the resistance line, it may break…