FRA40 has broken through resistance

Past performance is not an indicator of future results.
FRA40 has broken through the resistance line of a Inverse Head and Shoulders. It has touched this line at least twice in the last 15 days. This breakout indicates a potential move to 5364.6165 within the next 2 days. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.