US30 has broken through a resistance line of a Falling Wedge and suggests a possible movement to 27087.6701 within the next 14 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 3 days.
Related Posts
Because US 500 formed a Rising Wedge pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher
An emerging Rising Wedge has been detected on US 500 on the 30 Minutes chart. There is a…
After trying numerous times in the past, NAS 100 finally breaks 21463.3496!
NAS 100 has broken through a resistance line. It has touched this line numerous times in the last…
ASX 200 experienced a very large 22 days bearish move to 8103.1
ASX 200 has moved lower by 4.7% from 8502.9 to 8103.1 in the last 22 days.