GBP/USD, GBP/EUR, GBP/JPY, EUR/USD, USD/CNY, DXY
OILEX LD ORD NPV, LLOYDS BANKING GROUP PLC ORD 10P, VODAFONE GROUP PLC ORD USD0.20 20/21, FRONTERA RESOURCES CORPORATION ORD SHS USD0.00004 (DI), UK OIL & GAS PLC ORD 0.01P, VAST RESOURCES PLC ORD 0.1P
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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 Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
I have identified a pennant on the daily chart of $MU. The price has continually risen for over 1 year now and has been consolidating for approx 3 months whilst touching the top of the pennant 3 times. The first high of the pennant has been met with large volume then weakening as we go along. Hopefully, in the near future, we can break above the upper trendline.
I have identified a cup and handle pattern (see here for more information - https://www.investopedia.com/terms/c/cupandhandle.asp) on the daily chart of the S&P 500. This has been confirmed as we have broken out of the previous 2800.000 resistance region which is now a key support region. We are now just hovering above the 2800.000 support region (circled ...
As you can see from the daily chart there is a clear uptrend at the moment for EUR/JPY. I plan to open this trade nearing the trendline I have placed on the chart, near the 129.500 support region if we fall lower, and hope for a bounce to continue the uptrend towards the 133.000 resistance region where we failed to break in April. My stop loss will be placed ...
As you can see from the H4 chart there is a clear downtrend. I expect the downtrend to test the 145.000 support region. My stop loss is placed around the 147.500 resistance region.