EUSTX50 has broken through the support line of a Triangle 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 10 days and suggests a target line to be around 4017.8083 within the next 15 hours.
Related Posts
Nikkei 225 likely to test 39405.0000 in the near future. Where to next?
The price of Nikkei 225 in heading back to the resistance area. It is possible that it will…
Because US 500 formed a Rising Wedge pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher
An emerging Rising Wedge has been detected on US 500 on the 30 Minutes chart. There is a…
After trying numerous times in the past, NAS 100 finally breaks 21463.3496!
NAS 100 has broken through a resistance line. It has touched this line numerous times in the last…