US30 has broken through the support line of a Rising Wedge. It has touched this line at least twice in the last 3 days. This breakout indicates a potential move to 28021.2356 within the next 8 hours. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.
ARTÍCULOS RELACIONADOS
After testing the resistance line numerous times, FTSE 100 is once again approaching this line. Can we expect a bullish trend to follow?
Emerging Rising Wedge detected on FTSE 100 – the pattern is an emerging one and has not yet…
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…