EUSTX50 has broken through a resistance line of a Ascending Triangle and suggests a possible movement to 3881.6911 within the next 6 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 4 days.
Related Posts
Could a large bullish move on ASX 200 be a sign of things to come?
ASX 200 has experienced an extremely big movement in last 16 hours. It may continue the trend, but…
Important price line breached by FTSE 100. This price has been tested numerous times before.
FTSE 100 has broken through a resistance line. It has touched this line numerous times in the last…
NAS 100 is approaching a resistance line of a Channel Up. It has touched this line numerous times in the last 9 days.
NAS 100 is moving towards a resistance line which it has tested numerous times in the past. We…