You would be well advised to confirm the breakout that has just occurred – do you believe the move through support to be significant? Do you have confirming indicators that the price momentum will continue? If so, look for a target of 7731.0186 but consider reducing the size of your position as the price gets closer to that target.
Related Posts
NAS 100 is approaching a resistance line of a Rising Wedge. It has touched this line numerous times in the last 11 days.
NAS 100 is heading towards the resistance line of a Rising Wedge. If this movement continues, the price…
A very large move was recorded on DAX 40. The size of the shift is exceptional.
A movement of 1.93% over 19 hours on DAX 40 doesn’t go unnoticed. You may start considering where…
FTSE 100 reached 9451.85 after a 1.84% move spanning 2 days.
FTSE 100 recorded a considerable move in the last day — one of its biggest in recent sessions.