Get started
Stanley968

BARC 130s coming - good entry point

Long
BARCLAYS PLC ORD GBP0.25 (LSE:BARC)  
Stanley968  
LSE:BARC   BARCLAYS PLC ORD GBP0.25
Wave Analysis Chart Patterns
0
0
waveanalysis chartpattern
Historic support at ~130-131, looks like we're in wave 5.
RSI below 30 on the Daily chart.
First target fib. lvl 50% (~175) and wave A will most likely take us to the peak of wave 4 making it a nice 30% trade.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.