The movement of USD/CAD towards the resistance line of a Ascending Triangle is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound […]
General Electric Co. is moving towards the resistance line of a Ascending Triangle. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 13 days and may test it […]
Soybean Meal AUGUST 2019 is heading towards the resistance line of a Ascending Triangle. If this movement continues, we expect the price of Soybean Meal AUGUST 2019 to test 328.6000 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement […]
10 year US Treasury Note SEPTEMBER 2019 has broken through a resistance line of a Ascending Triangle chart pattern. If this breakout holds true, we expect the price of 10 year US Treasury Note SEPTEMBER 2019 to test 128.2726 within the next 2 days. But don’t be so quick to trade, it has tested this […]
3m Co. has broken through the resistance line of a Ascending Triangle 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 28 days and suggests a target line to be […]
The movement of 10 year US Treasury Note SEPTEMBER 2019 towards the resistance line of a Ascending Triangle is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 2 days, but it is uncertain whether it will result in a breakout […]
GBP/USD is heading towards the resistance line of a Ascending Triangle. If this movement continues, we expect the price of GBP/USD to test 1.2763 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up […]
General Electric Co. is moving towards the resistance line of a Ascending Triangle. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 82 days and may test it […]
GBP/USD is heading towards the resistance line of a Ascending Triangle and could reach this point within the next 3 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we […]
10 year US Treasury Note SEPTEMBER 2019 is moving towards the resistance line of a Ascending Triangle which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If […]
