UK100 has broken through a support line of a Rising Wedge chart pattern. If this breakout holds true, we expect the price of UK100 to test 7322.9378 within the next 5 hours. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm the breakout before placing any trades.
Related Posts
If DAX 40 touches 23544.0000 it may be time to take action.
DAX 40 is en route to a very important line that will be a definite deciding factor of…
FTSE 100 breakout from a Triangle trade setup. Will it continue this trend to hit the target price?
This trade setup on FTSE 100 is formed by a period of consolidation; a period in which the…
Big movement possible on DOW 30 after a breach of 45564.9883
The price of DOW 30 in heading in the direction of 45702.3633. Despite the recent breakout through 45564.9883…