You would be well advised to confirm the breakout that has just occurred – do you believe the move through support to be significant? Do you have confirming indicators that the price momentum will continue? If so, look for a target of 5942.1007 but consider reducing the size of your position as the price gets closer to that target.
ETHUSD rose sharply for 8 days – which is an excessively big movement for this instrument; exceeding the 98% of
Trend followers are probably eagerly watching EURUSD to see if its latest 5 consecutive candles continues. If not, the mean-reversion
NAS100 is moving towards a line of 21139.4063 which it has tested numerous times in the past. We have seen
BTCUSD has broken through a line of 86996.5234. If this breakout holds true, we could see the price of BTCUSD
USDJPY is moving towards a support line. Because we have seen it retrace from this line before, we could see
BRN/USD is moving towards a support line. Because we have seen it retrace from this line before, we could see
Trend followers are probably eagerly watching FTSE100 to see if its latest 4 consecutive candles continues. If not, the mean-reversion
