Soybean Oil AUGUST 2019 is heading towards the support line of a Descending 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 […]
Silver JULY 2019 is moving towards the support line of a Descending 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 Silver JULY 2019 continues […]
DowDuPont is moving towards the support line of a Descending 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 17 days and may test it again within […]
United Technologies Corp. has broken through a support line of a Descending Triangle and suggests a possible movement to 126.71 within the next 3 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could […]
The breakout of General Electric Co. through the support line of a Descending Triangle could be a sign of the road ahead. If this breakout persists, we expect the price of General Electric Co. to test 9.33 within the next 14 hours. One should always be cautious before placing a trade, wait for confirmation of […]
Silver JULY 2019 is heading towards the support line of a Descending Triangle. If this movement continues, we expect the price of Silver JULY 2019 to test 14.3500 within the next 23 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be […]
The movement of USD/CAD towards the support line of a Descending 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 3 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound […]
The movement of Soybean Meal JULY 2019 towards the support line of a Descending 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 11 hours, but it is uncertain whether it will result in a breakout through this line, […]
Descending Triangle has broken through the support line at 06-May-2019 00:00 UTC. Possible bearish price movement forecast for the next 2 days towards 0.6947. 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 […]
Descending Triangle identified at 25-Apr-2019 05:30 UTC. This pattern is still in the process of forming. Possible bearish price movement towards the support 303.5000 within the next 8 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 […]
