Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
LAND SECURITIES GROUP PLC ORD 10 2/3P, BURFORD CAPITAL LIMITED ORD NPV (DI), SMITH & NEPHEW PLC ORD USD0.20, BIDSTACK GROUP PLC ORD 0.5P, LLOYDS BANKING GROUP PLC ORD 10P, BARCLAYS PLC ORD 25P
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
This may be a good time to get into this pair as we have seen a retest of the symmetrical triangle resistance now turned support. No major data out of either currency today.
A symmetrical triangle pattern has emerged, and looks like it is coming close to the end of the chart pattern. Price has tested the 70.000 key level a few times and bounced back up from it within the current consolidation. This suggests to me that the price will break out of the consolidation and continue the uptrend. This could play out to get some big pip gains.
Possible back to back head and shoulders patterns with symmetrical shoulders. Watch for a break of the 1.09 neckline around the 5th February.