KC HRW Wheat MARCH 2021 has broken through the resistance line of a Falling Wedge. It has touched this line at least twice in the last 13 days. This breakout indicates a potential move to 558.1079 within the next 2 days. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.
Related Posts
Will Silver Spot break through the support level it tested before?
Silver Spot is heading towards a line of 29.3610. If this movement continues, the price of Silver Spot…
Gold Spot is signaling a possible trend reversal on the intraday charts with price not breaching support.
Gold Spot is trapped in a Triangle formation, implying that a breakout is Imminent. This is a great…
Brent Crude keeps moving closer towards 74.0010. Will it finally breach this level?
A strong resistance level has been identified at 74.0010 on the 30 Minutes Brent Crude chart. Brent Crude…