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 109.0118 but consider reducing the size of your position as the price gets closer to that target.
ARTÍCULOS RELACIONADOS
A possible move on Natural Gas as it heads towards support
Natural Gas is approaching the support line of a Falling Wedge. It has touched this line numerous times…
After experiencing a 4.7% bullish move in the space of 13 hours, nobody knows where Silver Spot is headed.
Silver Spot rose sharply for 13 hours – which is an excessively big movement for this instrument; exceeding…
Is the US Oil poised for a turn-around after 5 consecutive bearish Daily candles?
After posting 5 consecutive bearish candles in 7 days, you may start considering where US Oil is heading…