GBP/USD, GBP/EUR, GBP/JPY, EUR/USD, USD/CNY, DXY
LLOYDS BANKING GROUP PLC ORD 10P, FRONTERA RESOURCES CORPORATION ORD SHS USD0.00004 (DI), POWERHOUSE ENERGY GROUP PLC ORD 0.5P, UK OIL & GAS PLC ORD 0.01P, VODAFONE GROUP PLC ORD USD0.20 20/21, UNION JACK OIL PLC ORD 0.025P
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
After a large bear trend from July 2014, with 4 impulse waves, there was consolidation between 1.277-1.2 . This was the longest correction wave. The breakout from the trend line on 17/4/2017 and the triple bottom is textbook reversal signs. GBPUSD has now shown higher highs and higher lows twice, so I would get long for another wave up. Using cyclic lines, it ...
Using Fibonacci extension of 1.61 from the pull back after the last high. You can see that Fibonacci works well for bitcoin as I have the retracement on there to predict an accurate reversal point. The Elliot Wave theory also seems to show that there is more to come from the current impulse wave.
A daily trendline on USD CAD has been broken. Although it seems there is just 2 hits, moving down to the H1 chart you can see a rejection, then a strong breakout candlestick pattern. This lines up for a nice short.
Entry short 1.321
Take Profit 1.304