KC HRW Wheat MARCH 2020 has broken through the support line of a Rising Wedge. It has touched this line at least twice in the last 8 days. This breakout indicates a potential move to 487.0909 within the next 2 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
Important price line being approached by Brent Crude. This price has been tested numerous times before.
Brent Crude is about to retest a key horizontal resistance level near 69.7445. It has tested this level…
Brent Crude is quickly approaching the resistance line of a Triangle. We expect either a breakout through this line or a rebound.
Brent Crude is heading towards the resistance line of a Triangle. If this movement continues, the price of…
If you’re long Natural Gas you should be aware of the rapidly approaching level of 3.0660
Natural Gas is moving towards a line of 3.0660 which it has tested numerous times in the past.…