UK100 has broken through a resistance line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 4 days and suggests a possible target level to be around 7718.6499 within the next 8 hours.
Related Posts
FTSE 100 is quickly approaching a very important level it has previously tested numerous times in the past
FTSE 100 is approaching a support line at 9120.0000. If it hits the support line, it may break…
NAS 100 – approaching a resistance line that has been previously tested at least twice in the past
Emerging Rising Wedge detected on NAS 100 – the pattern is an emerging one and has not yet…
DOW 30 heading towards a price it has tested 3 times in the recent past.
DOW 30 is heading towards a line of 45773.9102. If this movement continues, the price of DOW 30…