FTSE China A50 Index – Continuation Chart Pattern – Channel Up
FTSE China A50 Index was identified at around 12212.13 having recently rebounded of the support on the 1 hour data interval. Ultimately, the price action of the stock has formed a Channel Up pattern. This squeeze may increases the chances of a strong breakout. The projected movement will potentially take the price to around the 12269.3625 level.
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