US30 is heading towards the resistance line of a Falling Wedge. If this movement continues, we expect the price of US30 to test 26948.0000 within the next 15 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
Related Posts
NAS 100 is approaching a resistance line of a Triangle. It has touched this line numerous times in the last 3 days.
Emerging Triangle detected on NAS 100 – the pattern is an emerging one and has not yet broken…
After trying numerous times in the past, DOW 30 finally breaks 44823.4688!
A strong support level has been breached at 44823.4688 on the 1 hour DOW 30 chart. Technical Analysis…
A possible move on DAX 40 as it heads towards support
DAX 40 is moving towards a support line which it has tested numerous times in the past. We…