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LLOYDS BANKING GROUP PLC ORD 10P, FRONTERA RESOURCES CORPORATION ORD SHS USD0.00004 (DI), POWERHOUSE ENERGY GROUP PLC ORD 0.5P, UK OIL & GAS PLC ORD 0.01P, VODAFONE GROUP PLC ORD USD0.20 20/21, UNION JACK OIL PLC ORD 0.025P
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BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
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- Major daily support level of 1.1530 holding up as we can see several candlestick rejections on the H1 timeframe
- Bullish divergence on the H1 using both stochastics or RSI which paint the same story of unsustainable price decline
- EUR/USD seems to be ranging just above this key level before it decides to break 1.1620 and aim higher
- 60 pips target with 35 ...
Looking at the RSI levels the Amazon price could be due for a bearish reversal very soon so wait for confirmation.
Like this idea if you agree.
Nice Short potential here! Wait for price action confirmation on the completion of exhaustion
Boohoo has almost completed a 1 year H&S reversal pattern and looks to be heading higher.
Wait and see.
Revaluation of their stake in Industrial Heat has caused price to gap
above 85p horizontal resistance.
Will it recover to become bullish?
Indecision is forming, if the next candles goes above previous high of previous candle could be a good sign a reversal is on.
Indecision has been formed on a resistance line, if it pulls down below previous candle low could be a short reversal with a good profit ratio.
An indecision candle has formed on a major support line, if the next candle reaches higher then previous candle there should be a chance to go long with a profit ratio of 1.5.
Don't like the minor resistance being so close to the profit line, if things goes sidewards maybe long to get out early.
The British pound trades to the downside against the US Dollar in early Tuesday, as bearish technicals and a possible Brexit no-deal, continue to hurt the British pound sentiment.
The GBPUSD pair is strongly bearish while trading below the 1.2955 level, as it represents a large head and shoulders pattern neckline. Buyers will attempt to push price above the ...
The information is presented on the chart :D
Also forgot to mention you can also take profits on the white boxes which are presented as resistance for now.
We're hitting/just bounced of the 7.2USD support in March and February, Also less significant is the support line connecting the price early in 2017 with the wick in November 2017 which intersects the support at 7.2USD around this time.
Looking at RSI, it seems to be bouncing off the support at 30. which also indicates a possible reversal
i've been looking at this pair over the last days, and it finally turned into a trading opportunity right now. The blue zone is a structure zone in which price has lately been very sensitive and it's also been a zone in which price has gone overbought on the 4hr chart, also creating a short candlestick with an engulfing candle. Moreover, on the hourly ...
Predicted potential move(s) on USDCHF in the near future with Fib retracement with Support & Resistance Zones
on the daily chart EURNZD is in oversold condition and it's also testing a key structure zone. That's why i've highlighted the yellow box that you see above. In cases like this, i like to go on smaller timeframes looking for additional clues to take a trade. In this case i've found multiple hints: first of all, on the 4H chart we can see a couple of ...
this is the hourly chart on EURJPY and i'm taking this long trade because of several reasons. First of all, we're in a strong supporto zone on the daily chart and we're also creating a nice divergence on the RSI there. Then, if we lower a timefeame (4H), you can see a couple of pinbars (candles with long wick to the bottom) signaling buying pressure ...
this is a simple trading setup. It all starts from higher timeframe, specifically daily, where we have a downtrend and a retest of the broken support that could now turn into resistance (yellow box). Given that, we all know that this is a key place to look for trading opportunities because it could yield great results with the help of the master trend. ...
there are several reasons why i'm going long on this pair. For starters, price is testing a very important structure level that you can see both on the daily and weekly timeframe, and in doing so it's creating a nice divergence on RSI on the daily. Moreover, if we lower a timeframe, we can see on the 4HR that we have two engulfing candles (one after ...
Double top on the daily with a high test close. Slight bearish MACD divergence. Looking for downside momentum back to value at the 20/50 ema zone