JPN225 has broken through a resistance line of a Ascending Triangle and suggests a possible movement to 27843.1241 within the next 5 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 23 days.
Related Posts
NAS 100 formed a Channel Up on the 4 hour chart. Retest of resistance in sight.
An emerging Channel Up has been detected on NAS 100 on the 4 hour chart. There is a…
After testing 21409.7012 numerous times, NAS 100 is once again approaching this price point. Can we expect a bullish trend to follow?
NAS 100 is moving towards a line of 21409.7012 which it has tested numerous times in the past.…
DOW 30 is signaling a possible trend reversal on the intraday charts with price not breaching support.
Emerging Triangle detected on DOW 30 – the pattern is an emerging one and has not yet broken…