Receive the latest alerts via email

Big movement expected on UK100 after a breach of the resistance

UK100 has broken through a resistance line of a Triangle and suggests a possible movement to 6700.8546 within the next 5 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 3 days.

Total
0
Shares
Previous Post

Support line breached by EUSTX50. This price has been tested at least twice before.

Next Post

Coca-Cola Co. moves lower to 48.64 in the last 2 days.

Related Posts