US30 has broken through the resistance line of a Triangle technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 2 days and suggests a possible target level to be around 32920.7508 within the next 7 hours.
Related Posts
Nikkei 225 – approaching a price line that has been previously tested numerous times in the past
Nikkei 225 is moving towards a line of 44575.0000 which it has tested numerous times in the past.…
ASX 200 formed a Channel Down on the 1 hour chart. Retest of support in sight.
A Channel Down pattern was identified on ASX 200 at 8742.0, creating an expectation that it may move…
Rare bullish streak on the NAS 100 4 hour chart.
Rare candle sequence recorded on the NAS 100 4 hour chart, ending at 24497.3588.