Light Sweet Crude Oil JANUARY 2020 has broken through a support line of a Triangle and suggests a possible movement to 59.8913 within the next 10 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 4 days.
ARTÍCULOS RELACIONADOS
Because Silver Spot formed a Channel Down pattern, we expect it to touch the support line. If it breaks through support it may move much lower
Silver Spot is trapped in a Channel Down formation, implying that a breakout is Imminent. This is a…
Gold Spot is quickly approaching the support line of a Flag. We expect either a breakout through this line or a rebound.
A Flag pattern was identified on Gold Spot at 3174.8255, creating an expectation that it may move to…
Natural Gas is currently testing a level of 3.5315. Will the breakout continue or will things reverse?
The breakout of Natural Gas through the 3.5315 price line is a breach of an important psychological price…