The breakout of US30 through the resistance line of a Triangle could be a sign of the road ahead. If this breakout persists, we expect the price of US30 to test 26644.2893 within the next 8 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
Related Posts
After testing 24489.3008 numerous times, DAX 40 is once again approaching this price point. Can we expect a bullish trend to follow?
The movement of DAX 40 towards 24489.3008 price line is yet another test of the line it reached…
NAS 100 – approaching a resistance line that has been previously tested at least twice in the past
The movement of NAS 100 towards the resistance line of a Rising Wedge is yet another test of…
Nikkei 225 reached 47590.0 after a 3.64% move spanning 3 days.
Nikkei 225 reached 47590.0 after a 3.64% move spanning 3 days.