US30 has broken through a support line of a Rising Wedge chart pattern. If this breakout holds true, we may see the price of US30 testing 33717.6186 within the next 7 hours. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any action.
Related Posts
Nikkei 225 is signaling a possible trend reversal on the intraday charts with price not breaching support.
Nikkei 225 is approaching the resistance line of a Rising Wedge. It has touched this line numerous times…
Supports and resistances are primary concepts of technical analysis. DAX 40 is heading for an important price of 23798.8008 – read about what this could mean for the future.
A strong support level has been identified at 23798.8008 on the 30 Minutes DAX 40 chart. DAX 40…
Breach of resistance could mean a start of a bullish trend on CAC 40
Triangle pattern identified on CAC 40 has broken through a resistance level with the price momentum continuing to…