UK100 has broken through a resistance line of a Triangle and suggests a possible movement to 7248.2915 within the next 3 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 16 days.
Related Posts
AUS200 seems to be on its way to support – a possible opportunity?
AUS200 is approaching a support line at 7622.0000. If it hits the support line, it may break through…
Will NAS100 break through the resistance level it tested before?
NAS100 is moving towards a resistance line. Because we have seen it retrace from this level in the…
Extreme movement experienced on US30. Check this chart to see what to do next
For those of you that don’t believe in trends, this may be an opportunity to take advantage of…