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Breach of support could mean a start of a bearish trend on Live Cattle AUGUST 2019

Live Cattle AUGUST 2019 has broken through a support line of a Triangle chart pattern. If this breakout holds true, we expect the price of Live Cattle AUGUST 2019 to test 103.0495 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.

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After testing the resistance line numerous times, Chevron is once again approaching this line. Can we expect a bullish trend to follow?

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Support line breached by GER30. This price has been tested at least twice before.

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