UK100 has broken through a resistance line of a Triangle chart pattern. If this breakout holds true, we may see the price of UK100 testing 7514.7451 within the next 13 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
Because NAS 100 formed a Channel Up pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher
NAS 100 is heading towards the resistance line of a Channel Up and could reach this point within…
FTSE 100 hits 8507.9 after a 5.53% move spanning 33 days
FTSE 100 hits 8507.9 after a 5.53% move spanning 33 days.
Because FTSE 100 formed a Pennant pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher
Emerging Pennant detected on FTSE 100 – the pattern is an emerging one and has not yet broken…