UK100 is moving towards the support line of a Rising Wedge which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If UK100 continues in its current trajectory, we can expect it to reach 7328.0000 within the next 3 days.
Related Posts
Important price line being approached by US30. This price has been tested numerous times before.
US30 is moving towards a key support level at 38992.0000. This is a previously tested level for US30.…
Interesting opportunity on UK100 after breaking 8375.530534351145
UK100 has broken through a support line of a Rising Wedge chart pattern. If this breakout holds true,…
Interesting opportunity on NAS100 after breaking 18158.375
Triangle pattern identified on NAS100 has broken through a support level with the price momentum continuing to move…