UK100 has broken through a support line of a Triangle chart pattern. If this breakout holds true, we expect the price of UK100 to test 7362.9507 within the next 7 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
US 500 formed a Channel Up on the 1 hour chart. Retest of support in sight.
US 500 is trapped in a Channel Up formation, implying that a breakout is Imminent. This is a…
Because NAS 100 formed a Channel Up pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher
NAS 100 is approaching the resistance line of a Channel Up. It has touched this line numerous times…
DAX 40 keeps moving closer towards 23863.9004. Will it finally breach this level?
DAX 40 is about to retest a key horizontal resistance level near 23863.9004. It has tested this level…