Live Cattle DECEMBER 2021 has broken through a support line of a Rising Wedge and suggests a possible movement to 128.6092 within the next 21 hours. 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 18 days.
Related Posts
A final push possible on Brent Crude as it starts approaching a price line of 66.6405.
Brent Crude is moving towards a key resistance level at 66.6405. Brent Crude has previously tested this level…
US Oil broke through a resistance at 2025-05-06T02:00:00.000Z, with the price momentum continuing to move in an upward direction over the next hours, good opportunity presents itself with the price expected to reach 59.8855.
US Oil moved through the resistance line of a Channel Down at 58.05049999999999 on the 4 hour chart.…
Resistance line breached by Brent Crude. This price has been tested at least twice before.
This trade setup on Brent Crude is formed by a period of consolidation; a period in which the…