You would be well advised to confirm the breakout that has just occurred – do you believe the move through resistance to be significant? Do you have confirming indicators that the price momentum will continue? If so, look for a target of 22.9866 but consider reducing the size of your position as the price gets closer to that target.
ARTÍCULOS RELACIONADOS
Gold Spot is approaching a resistance line of a Triangle. It has touched this line numerous times in the last 13 days.
Gold Spot was identified at around 3369.085 having recently rebounded of the support on the 1 hour data…
If you’re long Brent Crude you should be aware that 78.1340 has just been breached – a level tested 3 time in the past
Brent Crude is once again retesting a key horizontal support level at 78.1340. It has tested this level…
A Ascending Triangle has formed, Brent Crude is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
Brent Crude is moving towards a resistance line which it has tested numerous times in the past. We…