BTCUSD is heading towards 72987.0625 and could reach this point within the next 10 hours. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
Supported by Upward sloping Moving Average
Target: 72987.0625 Entry: 72624.79 Stop: 72330.6423
FTSE 100 is moving towards a resistance line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage
DOW 30 is moving towards a key support level at 42998.0508. DOW 30 has previously tested this level 5 times and on each occasion it has bounced back off this
The movement of DAX 40 towards the support line of a Channel Down is yet another test of the line it reached numerous times in the past. This line test