UK100 has broken through a support line of a Channel Up chart pattern. If this breakout holds true, we expect the price of UK100 to test 7488.9352 within the next 3 days. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm the breakout before placing any trades.
Related Posts
A Rising Wedge has formed, US 500 is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
The movement of US 500 towards the resistance line of a Rising Wedge is yet another test of…
After trying numerous times in the past, NAS 100 finally breaks 19225.2773!
A strong resistance level has been breached at 19225.2773 on the 4 hour NAS 100 chart. Technical Analysis…
DAX 40 – It’s perhaps in these huge moves where the greatest opportunity lies
DAX 40 hits 22417.0 after a 12.36% move spanning 20 days.