Live Cattle JUNE 2021 has broken through the resistance line of a Channel Down. It has touched this line at least twice in the last 19 days. This breakout indicates a potential move to 120.1114 within the next 19 hours. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.
Related Posts
Natural Gas – approaching a resistance line that has been previously tested at least twice in the past
A Flag pattern was identified on Natural Gas at 4.1525, creating an expectation that it may move to…
After testing the support line numerous times, Silver Spot is once again approaching this line. Can we expect a bearish trend to follow?
Silver Spot is moving towards a support line. Because we have seen it retrace from this line before,…
Important price line being approached by Gold Spot. This price has been tested numerous times before.
Gold Spot is moving towards a key support level at 2930.7900. Gold Spot has previously tested this level…