The breakout of NAS100 through the 11145.0000 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of NAS100 to test 11031.0752 within the next 8 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
Related Posts
UK100 seems to be on its way to support – a possible opportunity?
UK100 is approaching a support line at 8109.0000. If it hits the support line, it may break through…
Important price line breached by AUS200. This price has been tested numerous times before.
A strong support level has been breached at 7708.0000 on the 4 hour AUS200 chart. Technical Analysis theory…
NAS100 seems to be on its way to support – a possible opportunity?
NAS100 is moving towards a support line. Because we have seen it retrace from this level in the…