TSTW. Not legal and financial advice; Any information provided here is only the personal opinion of the author.
Summary • TASI / KSA break out of bull head & shoulders bottom trend reversal pattern. • Indicates continuation of long-term upward sloping trend channel. • Key Fibonacci zone targets marked on enclosed charts. Bullish reversal is indicated as the Tadawul All Share Index (TASI) (Saudi Stock Market) breaks out of a head & shoulders bottom reversal pattern at the...
Today I am remaining in a short position long on the GBPUSD due to an AGGRESSIVE sell price action formation, and an overall weakening GBP economy weeks even. Here I have displayed it on my charts. My trading style is trading but you can possibly hold some positions much longer. Check out my analysis I would love you feedback. Happy trading.
FTSE Resistance The FTSE is currently in a very strong resistance zone. It has touched this level 2 other times this year, we have seen several retracements on the FTSE this year and this seems to be where it stops the downward pressure with resistance. I have already enterered into the trade and have set a fair tight stop loss about 70 points away to ensure...