The movement of UK100 towards 6839.5000 price line is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 16 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
Related Posts
ASX 200 is approaching a resistance line of a Channel Down. It has touched this line numerous times in the last 32 days.
Emerging Channel Down pattern in its final wave was identified on the ASX 200 4 hour chart. After…
A possible move on ASX 200 as it heads towards support
An emerging Channel Down has been detected on ASX 200 on the 1 hour chart. There is a…
After testing 8208.1201 numerous times, FTSE 100 has finally broken through. Can we expect a bullish trend to follow?
FTSE 100 has broken through a resistance line. It has touched this line numerous times in the last…