GER30 has broken through the support line which it has tested twice in the past. We have seen it retrace from this position before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 12799.2070 can be expected within the next 18 hours.
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…