Big movement expected on US30 after a breach of the support

US30 has broken through a support line of a Rising Wedge and suggests a possible movement to 27409.1167 within the next 8 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 33 days.