EUSTX50 has broken through the resistance line of a Inverse Head and Shoulders technical chart pattern. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line twice in the last 3 days and suggests a target line to be around 4098.4554 within the next 6 hours.
Related Posts
UK100 moves higher to 8330.0 in the last 5 days.
A movement of 2.01% over 5 days on UK100 doesn’t go unnoticed. You may start considering where it’s…
FRA40 is quickly approaching a very important level it has previously tested numerous times in the past
The price of FRA40 in heading back to the resistance area. It is possible that it will struggle…
NAS100 has broken through support of a Channel Up. It has touched this line at least twice in the last 5 days.
NAS100 has broken through the support line which it has tested twice in the past. We have seen…