UK100 has broken through the resistance line of a Resistance. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 5 days and suggests a target line to be around 7529.4502 within the next 19 hours.
Related Posts
CAC 40 is quickly approaching a very important level it has previously tested numerous times in the past
CAC 40 is about to retest a key horizontal support level near 7756.0000. It has tested this level…
ASX 200 – approaching a support line that has been previously tested at least twice in the past
Emerging Triangle detected on ASX 200 – the pattern is an emerging one and has not yet broken…
Could 4 consecutive daily bullish candles on ASX 200 be a sign of things to come?
For those of you that don’t believe in trends, this may be an opportunity to take advantage of…