Buy Lloyds Banking Group (LLOY.L)
Lloyds Banking Group plc is a provider of financial services to individual and business customers in the United Kingdom. The Company's main business activities are retail and commercial banking, general insurance, and long-term savings, protection and investment.
Market Cap: £40Billion
Lloyds gapped higher this morning and...
Looks to me like we are in a normal flag after a large bullish impulse wave and are testing the bottom of the flag for the last time.
- Price has been flagging after big bullish impulse wave
- Price is at a previous horizontal support level
- Price is retesting downward support line and has just achieved a 4H bullish pin bar right on the support line with a...
I have two ideas on GBPUSD on here, they are pretty simple.
Our entry zone would be the light green rectangle, which will be the main zone we need to look
at, we need to carefully see if the market does the retest on the trendline and then start another
bullish run or it breaks again the trendline and drops all the way down.
Be very careful as it's a very...
Here is an update of NZDCAD SELL, this pair is forming a pullback by forming a bearish flag
which is the perfect confirmation for the sell idea. We must wait that it breaks the second minor
trendine and enter a sell position on the retracement it does!
For any questions feel free to text me on telegram; my user name is Abid_fx
I also have a FREE TELEGRAM ANALYSIS...
Since a long period of time there is a very strong bullish movement on this pair.
At the moment is forming a bullish flag, and according to the s/r zones and the trendlines
we have a clear analysis for another bullish movement of nearly 400pips.
For any questions feel free to text me on Telegram; my username is Abid_fx
I also have a FREE telegram analysis channel...
Buy Ibstock (IBST.L)
Ibstock plc is a United Kingdom-based company, which is engaged in manufacturing of clay bricks and concrete products. The Company's segments are the UK and the US. The Company's principal products include clay bricks, brick components, concrete stone masonry substitutes, concrete fencing, pre-stressed concrete products and concrete rail...
TW marking out a bull flag with decreasing volume, looking to land on its 200ma on the daily chart. It is usually a reliable pattern in this company though there is so much going on in the wider market I will be waiting for a breakout on volume with a backtest on the hourly.
Have my weekend analysis for USD/CAD, I have taken this trade and am currently holding it over the weekend.
My reasoning for the short is that the price has broken out of a flag which is in the middle of a higher timeframe descending channel. We may see a retest on this lower trendline of the flag and then a continuation back to the downside.
Markets are about to open and I am about to present my final piece of analysis for the weekend,
Here we have GBP/USD, as we can see there is a strong descending channel which has held for over a 16 months, with this in mind I think that we could see a short position play out and a move to the downside could come in the next day or so.
Perhaps a down flag is being generated on the BTC . Target -12% of the breakout.
Entrance is a deal only on a breakout confirmed by the volume of the "canvas" of the figure.
"Bear Flag". The flag is considered a strong figure, therefore, a turning point in the trend on this figure is very rare.
More often than not, the “Flag” appears in the middle of the trend...
Flag, pennant or wha'everrr.. this thing is pressure cooking to boil north!
No guarantees. This is based on experience of these positions.
Whilst the probability looks favourable for the north, note carefully that there is a residual probability for the south.
WARNING: New and unskilled traders are advised to avoid this instrument. No guarantees supplied....