LAND SECURITIES GROUP PLC ORD 10 2/3P, BURFORD CAPITAL LIMITED ORD NPV, SIRIUS MINERALS PLC ORD 0.25P, BIDSTACK GROUP PLC ORD 0.5P, LLOYDS BANKING GROUP PLC ORD 10P, TCG
FTSE 100, DAX Index, Euro Stoxx 50, S&P 500, Nasdaq Composite, Nikkei 225
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Looking into the weekly chart we can see that there is a strong overall down trend for this pair. As we come into our lower time frames the Daily/ 4hr we have a smaller bullish trend taking place inside of the overall trend. Do too fundamentals which took places yesterday we had a strong down movement in this pair which has bought us back too the bullish trend...
CADCHF TP1 0.75168 TP2 0.74976 TP3 0.74775 Plan: Although 4hr trend is upwards, price has just come of a daily line of resistance. Daily trend is bearish. Price has also come of 4hr channel resistance
break of resistance, followed by continuation pattern looking for price to fill this range (HTF channel)
This pair is in an overall downtrend and we may see price re-test the zone i have marked with the grey line to potentially break bearish and make new lows. Entry - grey line Stop loss - red line Take profit - green line Risk exposure - 1% RR- 1:2
CADCHF showing some bearish potential. Entry - Grey line Take profit - Green line Stop loss - Red line Risk exposure - 1% Hit that follow button if you don't already :)
WE CAN SEE A NICE TRENDLINE BREAK AND RETEST + A DOUBLE TOP PATTERN THE PRICE SHOULD REACH THE MAJOR SUPPORT LVL
Price is currently at the 50% Fib level of that bullish impulse so there is a potential extended bullish move to complete 100% of the retracement. Bullish divergence is evident. SL has been marked. TP has been marked . Risk exposure - 1% Risk to Reward - 1:2 Happy Trading ..
I am anticipating a 38.20% 2H retracement before price rallies to the daily 50.00% retracement level for 50 pips (also the third daily trend line touch). If price breaks the daily trend line we can expect a rally to the next resistance zone (0.75550); However, if price rejects the trend line, I expect the continuation of the current downtrend for the next lower...
Hi guys, i've been looking at this pair for the whole week, and now i think i've found a nice trading opportunity for a counter trend trade. As you can see price has created a double bottom with RSI divergence in a zone that was already on my radar for being a daily structure area. RSI is in a divergence also in the higher timeframes and that's confirming my...