Live Cattle DECEMBER 2019 – support line breached
Live Cattle DECEMBER 2019 has broken through the support line of a Channel Up technical chart pattern. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line twice in the last 13 days and suggests a target line to be around 117.4845 within the next 10 hours.
Did you know that our social media feeds are updated only 3x per day, and don’t look at short term movements?
If you open a live account with a broker that support Autochartist, you’ll get:Analysis as low as 15 minute data intervals Short term forecasts Risk and volatility information