The movement of FTSE 100 towards the support line of a Head and Shoulders is yet another test of the line it reached numerous times in the past. This line test could happen in the next 10 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current levels.
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…