FRA40 has broken through the resistance line of a Resistance. 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 numerous times in the last 42 days and suggests a target line to be around 6174.7500 within the next 4 days.
Related Posts
US 500 – breach of price line that’s been previously tested numerous times before
US 500 has broken through a resistance line. It has touched this line numerous times in the last…
Because DOW 30 formed a Falling Wedge pattern, we expect it to touch the support line. If it breaks through support it may move much lower
DOW 30 is approaching the support line of a Falling Wedge. It has touched this line numerous times…
A final push possible on US 500 as it starts approaching a price line of 6345.0200.
US 500 is heading towards a line of 6345.0200. If this movement continues, the price of US 500…