GBP/USD, GBP/EUR, GBP/JPY, EUR/USD, USD/CNY, DXY
UK OIL & GAS INVESTMENTS PLC ORD 0.01P, LLOYDS BANKING GROUP PLC ORD 10P, PROXAMA PLC ORD 0.01P, FLOWGROUP PLC ORD 0.1P, FERRUM CRESCENT LIMITED ORD NPV (DI), GLENCORE PLC ORD USD0.01
FTSE 100, DAX, 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, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
As per my wave analysis..
Potential to capture large gains from a bullish channel swing. There was a recent resistance breakout, which now is a support.
Hold till resistance/ when RSI signals a reversal.
Place stop loss below support.
Risk/Reward ratio: 4.5
I missed the perfect trade here with the breakout then consolidation and the trade was the break of consolidation, with this making higher lows and higher highs I will buy on a backtest.
Levels to look out for!