UK100 has broken through a resistance line. It has touched this line at least twice in the last 4 days. This breakout may indicate a potential move to 8355.7244 within the next 12 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
NAS 100 is approaching a resistance line of a Channel Up. It has touched this line numerous times in the last 9 days.
NAS 100 is moving towards a resistance line which it has tested numerous times in the past. We…
US 500 – approaching a price line that has been previously tested numerous times in the past
US 500 is moving towards a key resistance level at 6274.1401. US 500 has previously tested this level…
FTSE 100 is approaching a support line of a Head and Shoulders. It has touched this line numerous times in the last 9 days.
The movement of FTSE 100 towards the support line of a Head and Shoulders is yet another test…