UK100 has broken through the resistance line of a Triangle. It has touched this line at least twice in the last 21 days. This breakout indicates a potential move to 7112.2227 within the next 3 days. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.
Related Posts
DAX 40 heading towards a price it has tested 4 times in the recent past.
DAX 40 is approaching a resistance line at 23791.3008. If it hits the resistance line, it may break…
Nikkei 225 may be on a start of a new bearish trend after its breakout through this important support level
Nikkei 225 is once again retesting a key horizontal support level at 45225.0000. It has tested this level…
DOW 30 has broken through resistance of a Falling Wedge. It has touched this line at least twice in the last 3 days.
The breakout of DOW 30 through the resistance line of a Falling Wedge could be a sign of…