US30 has broken through a line of 38559.0000 and suggests a possible movement to 38857.1016 within the next 21 hours. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 7 days.
Related Posts
US 500 has broken through resistance of a Triangle. It has touched this line at least twice in the last 6 days.
US 500 has broken through a resistance line of a Triangle chart pattern. If this breakout holds true,…
DAX 40 – approaching a price line that has been previously tested numerous times in the past
DAX 40 is heading towards 23613.5000 and could reach this point within the next 20 hours. It has…
FTSE 100 is approaching a resistance line of a Rising Wedge. It has touched this line numerous times in the last 9 days.
Emerging Rising Wedge pattern in its final wave was identified on the FTSE 100 1 hour chart. After…