The movement of GER30 towards the resistance line of a Triangle is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 5 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current levels.
Related Posts
After testing 42973.0000 numerous times, Nikkei 225 is once again approaching this price point. Can we expect a bullish trend to follow?
Nikkei 225 is moving towards a key resistance level at 42973.0000. This is a previously tested level for…
Important resistance line being approached by FTSE 100. This price has been tested numerous time in the last 8 days
FTSE 100 is heading towards the resistance line of a Rising Wedge. If this movement continues, the price…
NAS 100 is approaching a resistance line of a Triangle. It has touched this line numerous times in the last 3 days.
Emerging Triangle detected on NAS 100 – the pattern is an emerging one and has not yet broken…