The breakout of US30 through the 28033.0000 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 US30 to test 28679.1992 within the next 5 days. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
Related Posts
There is a possibility of a big movement on Nikkei 225 after a breach of the support
Nikkei 225 moved through the support line of a Channel Up at 39983.92307692308 on the 1 hour chart.…
Nikkei 225 – breach of price line that’s been previously tested numerous times before
The price of Nikkei 225 in heading in the direction of 40060.0000. Despite the recent breakout through 40280.0000…
After testing the support line numerous times, DAX 40 is once again approaching this line. Can we expect a bearish trend to follow?
DAX 40 is moving towards a support line. Because we have seen it retrace from this line before,…