EUSTX50 is heading towards a price line of 3711.0000 and could reach this point within the next 10 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current lines.
Related Posts
US 500 through 6451.963030303029. Is this a confirming a breakout? Will it continue its path in the current trend toward 6406.5663?
This trade setup on US 500 is formed by a period of consolidation; a period in which the…
Nikkei 225 is quickly approaching the resistance line of a Rising Wedge. We expect either a breakout through this line or a rebound.
Nikkei 225 is moving towards a resistance line. Because we have seen it retrace from this line before,…
Nikkei 225 seems to be on its way to support – a possible opportunity?
Nikkei 225 is moving towards a key support level at 43309.0000. This is a previously tested level for…