The breakout of US30 through the support line of a Rising Wedge could be a sign of the road ahead. If this breakout persists, we expect the price of US30 to test 26781.4178 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
ARTÍCULOS RELACIONADOS
After testing the resistance line numerous times, ASX 200 is once again approaching this line. Can we expect a bullish trend to follow?
Emerging Triangle detected on ASX 200 – the pattern is an emerging one and has not yet broken…
If you’re long FTSE 100 you should be aware that 8626.5000 has just been breached – a level tested 3 time in the past
FTSE 100 has breached the support line at 8626.5000. It may continue the bearish trend towards 8522.5400, or,…
DOW 30 hits 43420.26 after a 1.91% move spanning 12 hours
DOW 30 hits 43420.26 after a 1.91% move spanning 12 hours.