GER30 has broken through a support line of a Triangle and suggests a possible movement to 11858.5439 within the next 10 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 4 days.
Related Posts
A possible move on CAC 40 as it heads towards resistance
The movement of CAC 40 towards the resistance line of a Rising Wedge is yet another test of…
Extreme movement experienced on DOW 30. Check this chart to see what to do next
Those of you that are trend followers are probably eagerly watching DOW 30 to see if its latest…
NAS 100 – breach of price line that’s been previously tested numerous times before
A strong support level has been breached at 21211.6152 on the 30 Minutes NAS 100 chart. Technical Analysis…