GER30 is heading towards the support line of a Falling Wedge and could reach this point within the next 22 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 levels.
Related Posts
If CAC 40 touches 7741.7998 it may be time to take action.
The movement of CAC 40 towards 7741.7998 price line is yet another test of the line it reached…
CAC 40 is approaching a support line of a Descending Triangle. It has touched this line numerous times in the last 14 days.
CAC 40 is heading towards the support line of a Descending Triangle. If this movement continues, the price…
Important price line being approached by NAS 100. This price has been tested numerous times before.
NAS 100 is moving towards a support line. Because we have seen it retrace from this level in…