US30 has broken through the resistance line of a Channel Down. It has touched this line at least twice in the last 5 days. This breakout indicates a potential move to 27691.8883 within the next 15 hours. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.
Related Posts
CAC 40 is approaching 7800.5000. We expect either a breakout through this line, or a rebound.
CAC 40 is moving towards a resistance line. Because we have seen it retrace from this level in…
ASX 200 experienced 4 consecutive daily bullish candles to reach a price of 8807.7000
ASX 200 has experienced an unusual quantity of bullish candles on the Daily timeframe. This is in the…
Nikkei 225 is signaling a possible trend reversal on the intraday charts with price not breaching support.
Nikkei 225 is approaching the resistance line of a Rising Wedge. It has touched this line numerous times…