NAS100 has broken through the support line of a Channel Up. It has touched this line at least twice in the last 4 days. This breakout indicates a potential move to 12984.4396 within the next 6 hours. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.
Related Posts
FTSE 100 posted 6 consecutive bearish Daily candles.
Rare candle sequence recorded on the FTSE 100 Daily chart, ending at 9123.4500.
After testing 9120.0000 numerous times, FTSE 100 has finally broken through. Can we expect a bearish trend to follow?
FTSE 100 has broken through a line of 9120.0000 and suggests a possible movement to 9079.4912 within the…
Important support line being approached by CAC 40. This price has been tested numerous time in the last 25 days
CAC 40 is approaching the support line of a Falling Wedge. It has touched this line numerous times…