Breach of resistance could mean a start of a bullish trend on Feeder Cattle AUGUST 2019

Feeder Cattle AUGUST 2019 has broken through a resistance line of a Falling Wedge chart pattern. If this breakout holds true, we expect the price of Feeder Cattle AUGUST 2019 to test 152.4786 within the next 2 days. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm the breakout before placing any trades.