The movement of Wheat JULY 2019 towards the resistance line of a Channel Up is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 9 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current levels.
Related Posts
Natural Gas formed a Falling Wedge on the 4 hour chart. Retest of support in sight.
An emerging Falling Wedge has been detected on Natural Gas on the 4 hour chart. There is a…
US Oil may be on a start of a new bearish trend after its breakout through this important support level
US Oil has broken through a line of 62.6985 and suggests a possible movement to 62.2475 within the…
Important support line being approached by Gold Spot. This price has been tested numerous time in the last 6 days
The movement of Gold Spot towards the support line of a Descending Triangle is yet another test of…