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LLOYDS BANKING GROUP PLC ORD 10P, MX OIL PLC ORD 0.01P, UK OIL & GAS PLC ORD 0.01P, VAST RESOURCES PLC ORD 0.1P, FRONTERA RESOURCES CORPORATION ORD SHS USD0.00004 (DI), VODAFONE GROUP PLC ORD USD0.20 20/21
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EURUSD in this triangle, consolidation, so the best option is to look for cycles to develop and trade it with the W and D trend. For now, waiting for price to take previous high and when it pullback it will be the time to go long, targeting previous D highs.
Some consolidation this Sunday and then new money in during Monday & Tuesday this coming week. Looks very promissing.
There seems to be a possible double bottom formation occurring around the 5.35 area.
The first V sectioned of the market shows a reversal upwards and the next V section shows even more upward momentum.
I'm hopefully waiting for it to hit the 5.35 area so I can buy it and go long and I will take another trade straight after the first one takes profit cause of ...
Good evening ladies and gents.
Right now on the D chart, I see a retest of the previously broken support line which is now acting as a support line again....this support line has been tested many times but has been broken in recent movement.
Waiting for a buy stop to activate and take profit around the 5.700 region and put the stop loss at around 5.33945
on the 240 time frame there is a wedge pattern an this can possibly break to the downside becasue RSI is showing divergence whilst the market showing a upward moving wedge this can led to the market falling