Feeder Cattle NOVEMBER 2019 has broken through the support line of a Rising Wedge. It has touched this line at least twice in the last 18 days. This breakout indicates a potential move to 135.4715 within the next 20 hours. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.
ARTÍCULOS RELACIONADOS
A possible move on Silver Spot as it heads towards resistance
Silver Spot is approaching the resistance line of a Channel Up. It has touched this line numerous times…
Silver Spot formed a Rising Wedge on the 1 hour chart. Retest of resistance in sight.
A Rising Wedge pattern was identified on Silver Spot at 36.2943, creating an expectation that it may move…
Brent Crude has broken through a level it has tested 3 times in the recent past.
A strong resistance level has been breached at 66.3745 on the 4 hour Brent Crude chart. Technical Analysis…