The breakout of JPN225 through the 28495.0000 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of JPN225 to test 28798.5000 within the next 15 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
Related Posts
Nikkei 225 is approaching a resistance line of a Channel Down. It has touched this line numerous times in the last 13 days.
Nikkei 225 is approaching the resistance line of a Channel Down. It has touched this line numerous times…
FTSE 100 – approaching a price line that has been previously tested numerous times in the past
A strong resistance level has been identified at 8791.5195 on the 15 Minutes FTSE 100 chart. FTSE 100…
DOW 30 is quickly approaching the support line of a Descending Triangle. We expect either a breakout through this line or a rebound.
DOW 30 is moving towards a support line. Because we have seen it retrace from this line before,…