The movement of FRA40 towards the support line of a Rising Wedge is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 7 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current levels.
Related Posts
AUS200 through 7676.813559322033. Is this a confirming a breakout? Will it continue its path in the current trend toward 7783.6417?
AUS200 has broken through a resistance line. It has touched this line at least twice in the last…
NAS100 – breach of a trending support line that has been tested at least twice before.
You would be well advised to confirm the breakout that has just occurred – do you believe the…
After testing support twice in the past, FRA40 has finally broken through. Can we expect a bearish trend to follow?
FRA40 has broken through a support line of a Triangle chart pattern. If this breakout holds true, we…