US30 has broken through the support line of a Rising Wedge. It has touched this line at least twice in the last 33 days. This breakout indicates a potential move to 26271.8206 within the next 6 days. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.
Related Posts
NAS 100 is quickly approaching a very important level it has previously tested numerous times in the past
NAS 100 is moving towards a line of 21228.2617 which it has tested numerous times in the past.…
ASX 200 formed a Rising Wedge on the 30 Minutes chart. Retest of resistance in sight.
ASX 200 is moving towards a resistance line which it has tested numerous times in the past. We…
FTSE 100 – It’s perhaps in these huge moves where the greatest opportunity lies
For those of you that don’t believe in trends, this may be an opportunity to take advantage of…