ASX 200 was identified at around 8314.2 having recently rebounded of the support on the 4 hour data interval. Ultimately, the price action of the stock has formed a Channel Down pattern. This squeeze may increases the chances of a strong breakout. The projected movement will potentially take the price to around the 8363.9000 level.
ARTÍCULOS RELACIONADOS
FTSE 100 is approaching a resistance line of a Channel Down. It has touched this line numerous times in the last 12 days.
FTSE 100 is moving towards a resistance line which it has tested numerous times in the past. We…
After testing 20260.0996 numerous times, DAX 40 has finally broken through. Can we expect a bearish trend to follow?
DAX 40 has breached the support line at 20260.0996. It may continue the bearish trend towards 20148.3691, or,…
If DAX 40 touches 20420.9004 it may be time to take action.
DAX 40 is moving towards a key resistance level at 20420.9004. DAX 40 has previously tested this level…