UK100 has broken through a support line of a Rising Wedge chart pattern. If this breakout holds true, we expect the price of UK100 to test 7322.9378 within the next 5 hours. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm the breakout before placing any trades.
Related Posts
An unexpected large move has occurred on US30 1 hour chart! Is this a sign of something new? What can we expect?
US30 has moved lower by 1.79% from 39863.0 to 39151.0 in the last 8 hours.
Interesting opportunity on FRA40 after breaking 8104.25
FRA40 has broken through the resistance line of a Falling Wedge technical chart pattern. Because we have seen…
UK100 has broken out from the Triangle pattern. Expect it to hit 8419.2945 soon.
This trade setup on UK100 is formed by a period of consolidation; a period in which the price…