UK100 has broken through the resistance line of a Resistance. It has touched this line numerous times in the last 5 days. This breakout shows a potential move to 7061.1499 within the next 14 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
Extreme movement experienced on FTSE 100. Check this chart to see what to do next
An unexpected large move has occurred on FTSE 100 Daily chart beginning at 8062.3 and ending at 8647.1.…
NAS 100 formed a Rising Wedge on the 1 hour chart. Retest of resistance in sight.
Emerging Rising Wedge detected on NAS 100 – the pattern is an emerging one and has not yet…
After trying numerous times in the past, DOW 30 finally breaks 44905.3594!
DOW 30 is once again retesting a key horizontal resistance level at 44905.3594. It has tested this level…