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 15304.9432 but consider reducing the size of your position as the price gets closer to that target.
ARTÍCULOS RELACIONADOS
After testing 7807.6001 numerous times, CAC 40 has finally broken through. Can we expect a bullish trend to follow?
CAC 40 is once again retesting a key horizontal resistance level at 7807.6001. It has tested this level…
A Rising Wedge has formed, FTSE 100 is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
FTSE 100 is heading towards the resistance line of a Rising Wedge and could reach this point within…
CAC 40 seems to be on its way to resistance – a possible opportunity?
CAC 40 is heading towards a line of 7845.1001. If this movement continues, the price of CAC 40…