The breakout of UK100 through the support line of a Triangle could be a sign of the road ahead. If this breakout persists, we expect the price of UK100 to test 6280.0244 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
Related Posts
ASX 200 formed a Channel Down on the 1 hour chart. Retest of support in sight.
A Channel Down pattern was identified on ASX 200 at 8742.0, creating an expectation that it may move…
Rare bullish streak on the NAS 100 4 hour chart.
Rare candle sequence recorded on the NAS 100 4 hour chart, ending at 24497.3588.
If you’re short ASX 200 you should be aware of the rapidly approaching level of 8805.2998
ASX 200 is heading towards a line of 8805.2998. If this movement continues, the price of ASX 200…