You would be well advised to confirm the breakout that has just occurred – do you believe the move through support to be significant? Do you have confirming indicators that the price momentum will continue? If so, look for a target of 7358.6808 but consider reducing the size of your position as the price gets closer to that target.
ARTÍCULOS RELACIONADOS
A Rising Wedge has formed, US 500 is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
The movement of US 500 towards the resistance line of a Rising Wedge is yet another test of…
After trying numerous times in the past, NAS 100 finally breaks 19225.2773!
A strong resistance level has been breached at 19225.2773 on the 4 hour NAS 100 chart. Technical Analysis…
DAX 40 – It’s perhaps in these huge moves where the greatest opportunity lies
DAX 40 hits 22417.0 after a 12.36% move spanning 20 days.