Live Cattle DECEMBER 2023 has broken through a support line. It has touched this line at least twice in the last 24 days. This breakout may indicate a potential move to 187.8225 within the next 22 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
Related Posts
Brent Crude is signaling a possible trend reversal on the intraday charts with price not breaching resistance.
Brent Crude is trapped in a Channel Down formation, implying that a breakout is Imminent. This is a…
Important price line breached by Brent Crude. This price has been tested numerous times before.
Brent Crude has broken through 69.9835 which it has tested numerous times in the past. We have seen…
A Rising Wedge has formed, US Oil is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
US Oil is heading towards the resistance line of a Rising Wedge and could reach this point within…