US30 has broken through a support line of a Rising Wedge and suggests a possible movement to 26682.8927 within the next 6 days. 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 22 days.
Related Posts
US30 has broken through a resistance line. It has touched this line numerous times in the last 2 days.
US30 has broken through a resistance line. It has touched this line numerous times in the last 2…
A final push possible on UK100 as it starts approaching a price line of 7906.5000.
UK100 is en route to a very important line that will be a definite deciding factor of what…
Could a large bearish move on NAS100 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…