US30 has broken through a resistance line of a Falling Wedge chart pattern. If this breakout holds true, we may see the price of US30 testing 33878.9430 within the next 3 days. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any action.
Related Posts
A Descending Triangle has formed, DAX 40 is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?
DAX 40 is moving towards a support line which it has tested numerous times in the past. We…
US 500 formed a Channel Up on the 1 hour chart. Retest of support in sight.
US 500 is trapped in a Channel Up formation, implying that a breakout is Imminent. This is a…
Because NAS 100 formed a Channel Up pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher
NAS 100 is approaching the resistance line of a Channel Up. It has touched this line numerous times…