Live Cattle AUGUST 2022 has broken through a resistance line of a Falling Wedge and suggests a possible movement to 135.0507 within the next 3 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 41 days.
Related Posts
Brent Crude breakout from a Pennant trade setup. Will it continue this trend to hit the target price?
Brent Crude moved through the support line of a Pennant at 77.09933333333333 on the 4 hour chart. This…
Brent Crude – approaching a price line that has been previously tested numerous times in the past
Brent Crude is moving towards a key support level at 74.3240. This is a previously tested level for…
US Oil – approaching a price line that has been previously tested numerous times in the past
US Oil is moving towards a line of 72.7510 which it has tested numerous times in the past.…