The breakout of ASX 200 through the 8496.4004 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, ASX 200 could test 8526.1699 within the next 15 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout.
ARTÍCULOS RELACIONADOS
DAX 40 is quickly approaching the resistance line of a Ascending Triangle. We expect either a breakout through this line or a rebound.
Emerging Ascending Triangle detected on DAX 40 – the pattern is an emerging one and has not yet…
DOW 30 has broken through resistance of a Triangle. It has touched this line at least twice in the last 28 days.
DOW 30 has broken through a resistance line. It has touched this line at least twice in the…
After experiencing 4 consecutive daily bullish candles in the space of 6 days, nobody knows where ASX 200 is headed.
Trend followers are probably eagerly watching ASX 200 to see if its latest 4 consecutive candles continues. If…