The breakout of GER30 through the resistance line of a Triangle could be a sign of the road ahead. If this breakout persists, we expect the price of GER30 to test 11968.5938 within the next 17 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
Related Posts
FTSE 100 is approaching 8851.1904. We expect either a breakout through this line, or a rebound.
FTSE 100 is moving towards a resistance line. Because we have seen it retrace from this level in…
A Channel Up has formed, DAX 40 is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
A Channel Up pattern was identified on DAX 40 at 24109.4, creating an expectation that it may move…
FTSE 100 keeps moving closer towards 8814.3701. Will it finally breach this level?
FTSE 100 is approaching a resistance line at 8814.3701. If it hits the resistance line, it may break…