GER30 has broken through a line of 13767.0000 and suggests a possible movement to 13545.0996 within the next 2 days. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 19 days.
Related Posts
Will FTSE 100 break through the resistance level it tested before?
The movement of FTSE 100 towards 9163.1504 price line is yet another test of the line it reached…
After experiencing 8 consecutive 4 hour bearish candles in the space of 2 days, nobody knows where DAX 40 is headed.
For those of you that don’t believe in trends, this may be an opportunity to take advantage of…
ASX 200 – approaching a support line that has been previously tested at least twice in the past
A Channel Down pattern was identified on ASX 200 at 8583.5, creating an expectation that it may move…