US30 has broken through a support 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 8 days and suggests a possible target level to be around 32207.0996 within the next 2 days.
Related Posts
FTSE 100 breakout from a Triangle trade setup. Will it continue this trend to hit the target price?
This trade setup on FTSE 100 is formed by a period of consolidation; a period in which the…
Big movement possible on DOW 30 after a breach of 45564.9883
The price of DOW 30 in heading in the direction of 45702.3633. Despite the recent breakout through 45564.9883…
Nikkei 225 is signaling a possible trend reversal on the intraday charts with price not breaching support.
Nikkei 225 was identified at around 43994.0 having recently rebounded of the support on the 4 hour data…