JPN225 has broken through the support line of a Channel Up technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 17 days and suggests a possible target level to be around 26883.3382 within the next 4 days.
Related Posts
NAS 100 keeps moving closer towards 21788.2656. Will it finally breach this level?
NAS 100 is approaching a resistance line at 21788.2656. If it hits the resistance line, it may break…
CAC 40 – approaching a support line that has been previously tested at least twice in the past
Emerging Triangle pattern in its final wave was identified on the CAC 40 4 hour chart. After a…
If DOW 30 touches 41845.8516 it may be time to take action.
DOW 30 is moving towards a line of 41845.8516 which it has tested numerous times in the past.…