HSBC is the best bank stock to buy and hold right now. Note the hold element in that statement. Take security in the support level mapped out @ 20.50. This is very likely to hold, but we could be in for some consolidation here. It's very likely that HSBC will hit the target in the 'entry price'. From there, we have two scenarios.
One is that it lifts off from...
Update on monthly analysis published this week.
Still waiting for a bullish corrective structure to confirm our move!
Click on related idea below to check it out ⬇️
This video is an update to the previous one on avoiding being flushed by the 'Economic Colonic'.
There was some amazing price action today. Check it out!
Hey Traders,
We have closed our GPB/USD trade from yesterday in profit. The reason for the close is that price action has twice rejected the 1.27000 level and we now await a break of this level to resume our buy bias.
On another failed break we will consider selling at this level as buyers maybe exhausted and the market will need to drop before buyers re-enter....
Looking a few days back, there is a excellent morning star signal that does not quite come through until the news today where the 123.000 level was retested (false break).
Looking at the structures performance there is still a bit left to go with open retracement opportunities (scalping short-term buys).
Price expected to reach the 120.800-120.750 range where...
![USOIL: USOIL - UPDATE [1W]](https://s3.tradingview.com/q/Qefsuoby_mid.png "USOIL - UPDATE [1W]")
