Hy dear Members hope you all are enjoy our ideas and Analysis. Now we are here to discuss about US30. US30 Is at a strong Support level after crossing main channel top. Here it has maximum Chances it will touch the Price level 32k.
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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...
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...