UK100 has broken through a line of 6717.5000 and suggests a possible movement to 6794.3501 within the next 4 days. It has tested this line numerous times 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 23 days.
Related Posts
Could 4 consecutive daily bullish candles on ASX 200 be a sign of things to come?
For those of you that don’t believe in trends, this may be an opportunity to take advantage of…
If FTSE 100 touches 9009.0596 it may be time to take action.
The price of FTSE 100 in heading back to the resistance area. It is possible that it will…
Because CAC 40 formed a Triangle pattern, we expect it to touch the support line. If it breaks through support it may move much lower
CAC 40 is moving towards a support line. Because we have seen it retrace from this line before,…