UK100 has broken through a support line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 63 days and suggests a possible target level to be around 6988.2998 within the next 9 days.
Related Posts
FTSE 100 – approaching a price line that has been previously tested numerous times in the past
A strong resistance level has been identified at 8791.4502 on the 4 hour FTSE 100 chart. FTSE 100…
ASX 200 is signaling a possible trend reversal on the intraday charts with price not breaching support.
Emerging Triangle detected on ASX 200 – the pattern is an emerging one and has not yet broken…
FTSE 100 likely to test 8510.9004 in the near future. Where to next?
A strong support level has been identified at 8510.9004 on the 1 hour FTSE 100 chart. FTSE 100…