GBP/USD, GBP/EUR, GBP/JPY, EUR/USD, USD/CNY, DXY
OILEX LD ORD NPV, LLOYDS BANKING GROUP PLC ORD 10P, UK OIL & GAS PLC ORD 0.01P, VAST RESOURCES PLC ORD 0.1P, FRONTERA RESOURCES CORPORATION ORD SHS USD0.00004 (DI), VODAFONE GROUP PLC ORD USD0.20 20/21
FTSE 100, DAX Index, 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 Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
RSI failing to make new highs, for such a long time, while price is pushing marginally higher each time. In the last push price failed to reach to the resistance line, with the gap shown with green box. On the other hand, RSI keeps penetrating below 40, which is rare to see in a strong up trend.
These are all signs that a short position is justified. Please wait ...
A low risk buy for EURUSD
Entry, stop and final target are shown on the chart. Trade with care.
Targets shown on the chart
Stops and Targets are shown on the chart. Trade with care, hopefully no more than 3% of trading capital.
I took a short position at 5330, with stop at 5410.
My first TP is 5100 and 2nd is 4800.