JPN225 has broken through a resistance line of a Channel Down and suggests a possible movement to 21607.9594 within the next 2 days. 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 7 days.
Related Posts
After testing 24150.0000 numerous times, DAX 40 is once again approaching this price point. Can we expect a bearish trend to follow?
DAX 40 is about to retest a key horizontal support level near 24150.0000. It has tested this level…
Important resistance line being approached by FTSE 100. This price has been tested numerous time in the last 20 days
An emerging Rising Wedge has been detected on FTSE 100 on the 1 hour chart. There is a…
Rare bullish streak on the ASX 200 Daily chart.
ASX 200 posted a high rate of consecutive bullish candles on the Daily chart.