FRA40 is heading towards the resistance line of a Channel Down and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
ARTÍCULOS RELACIONADOS
After testing the support line numerous times, DAX 40 is once again approaching this line. Can we expect a bearish trend to follow?
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FTSE 100 is approaching 8851.1904. We expect either a breakout through this line, or a rebound.
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A Channel Up has formed, DAX 40 is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
A Channel Up pattern was identified on DAX 40 at 24109.4, creating an expectation that it may move…