US30 has broken through the resistance line of a Triangle technical chart pattern. 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 twice in the last 6 days and suggests a target line to be around 34659.8169 within the next 18 hours.
Related Posts
Important resistance line being approached by DAX 40. This price has been tested numerous time in the last 14 days
An emerging Rising Wedge has been detected on DAX 40 on the 1 hour chart. There is a…
Breach of 43034.4219 could mean a start of a bullish trend on DOW 30
DOW 30 has breached the resistance line at 43034.4219. It may continue the bullish trend towards 43170.9141, or,…
Important resistance line being approached by NAS 100. This price has been tested numerous time in the last 2 days
NAS 100 is approaching the resistance line of a Channel Up. It has touched this line numerous times…