Receive the latest alerts via email

UK100 – breach of a trending resistance line that has been tested at least twice before.

UK100 has broken through the resistance line of a Falling Wedge technical chart pattern. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line twice in the last 12 days and suggests a target line to be around 6196.7014 within the next 2 days.

Total
0
Shares
Previous Post

Important price line being approached by General Electric Co.. This price has been tested numerous times before.

Next Post

10 year US Treasury Note SEPTEMBER 2020 is quickly approaching 139.2500. We expect either a breakout through this line, or a rebound.

ARTÍCULOS RELACIONADOS