GBP/USD, GBP/EUR, GBP/JPY, EUR/USD, USD/CNY, DXY
LLOYDS BANKING GROUP PLC ORD 10P, VODAFONE GROUP PLC ORD USD0.20 20/21, MX OIL PLC ORD 0.01P, VAST RESOURCES PLC ORD 0.1P, FRONTERA RESOURCES CORPORATION ORD SHS USD0.00004 (DI), UK OIL & GAS PLC ORD 0.01P
FTSE 100, DAX Index, Euro Stoxx 50, S&P 500, Nasdaq Composite, Nikkei 225
Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Kiwi Index has broken previous monthly lows. Weakness maybe? Could see some great opportunities with NZDJPY appearing today!
After attaining multi month lows "@ 75.5 we have since retraced, persisting the 61.8.
A h&s could materialise for this pair for a nice R:R to new lows.
I see GBPNZD to have made the 5 wave elliott structure.
It appears to be making an ABCDE flag pattern (correct me if I am wrong or you see different).
I am not fully convinced that the E wave has finished and it may continue down for a short period of time to create a 'throw-over' before resuming the upwards trend.
I would wait for consolidation just below/just ...
Can the bulls sustain control with the recent aggressive market correction?
2 potentials for EURNZD
After multiple retests and a fall breakout around 0.68400 we can expect a new bullish trend towards 0.71000.
NZD USD Has taken out last Wednesday's day gains in the last 3 trading days, we are now back on the trendline looking for a potential b B-B-B-B-BOUNCE! Who knows....who actually knows?
SHORT THIS TRADE AS THE BRIEF UPTREND has has been terminated by recent negative news for GBP. EXIT .74300
Thanks for all the kind messages :)
Like and follow for more trade ideas, entries/exits and technical analysis. As always, trade safe.
Approaching an important technical level, looking for bears to take control before we join. Follow me and stay tuned for entry updates and technical analysis as events unfold. As always, trade safe.
Price has broken below the triangle pattern. I am trading the pullback to support.
Price printed a spinning top on yesterdays daily close suggesting the bulls have run out of steam. If price moves to my entry it could mean the bears are back in play for a short move below.