The breakout of Wheat SEPTEMBER 2019 through the 519.0000 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of Wheat SEPTEMBER 2019 to test 538.8750 within the next 3 days. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
ARTÍCULOS RELACIONADOS
A final push possible on US Oil as it starts approaching a price line of 67.3445.
US Oil is heading towards a line of 67.3445. If this movement continues, the price of US Oil…
A Falling Wedge has formed, Natural Gas is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?
Natural Gas is trapped in a Falling Wedge formation, implying that a breakout is Imminent. This is a…
Big movement possible on Silver Spot after a breach of 36.8362
The price of Silver Spot in heading in the direction of 37.4646. Despite the recent breakout through 36.8362…