The price of JPN225 in heading back to the resistance area. It is possible that it will struggle to break through it and move back in the other direction. The price may eventually break through, but typically the price retreats from the level a number of times before doing so.
Related Posts
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…
NAS 100 – approaching a resistance line that has been previously tested at least twice in the past
Emerging Rising Wedge pattern in its final wave was identified on the NAS 100 1 hour chart. After…