JPN225 has broken through the support line of a Support. It has touched this line numerous times in the last 2 days. This breakout shows a potential move to 27372.0000 within the next 6 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
Important support line being approached by FTSE 100. This price has been tested numerous time in the last 7 days
FTSE 100 is trapped in a Falling Wedge formation, implying that a breakout is Imminent. This is a…
ASX 200 is currently testing a level of 8547.2002. Will the breakout continue or will things reverse?
ASX 200 has broken through a line of 8547.2002. If this breakout holds true, we could see the…
Important resistance line being approached by DAX 40. This price has been tested numerous time in the last 14 days
An emerging Rising Wedge has been detected on DAX 40 on the 1 hour chart. There is a…