GBP/USD, GBP/EUR, GBP/JPY, EUR/USD, USD/CNY, DXY
OILEX LD ORD NPV, GREATLAND GOLD PLC ORD 0.1P, UK OIL & GAS PLC ORD 0.01P, LLOYDS BANKING GROUP PLC ORD 10P, VAST RESOURCES PLC ORD 0.1P, PREMIER AFRICAN MINERALS LIMITED ORD NPV (DI)
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
Following basic trends this will be a strong opportunity to short for this coming trading week. No support shows this to be a profitable trade.
Following last trading weeks bullish trend from this pair, the USD will continue to be weaker and a breakout will ensue next week.
Following this uptrend will secure a short buy position in the 60/240 timeframe.
Unless the updated after the US current accounts the position will stand at:
Along with upcoming events the head and shoulders shows a high potential for a secure long sell position against the Yen.
I would sell upon the confirmation of the right shoulder. I will post a clear signal once the shoulder fully forms and continue on the reverse of the trend.
Short Sell position on EURGBP when market opens, expect long shadows so plenty of room for margins.
Entry Price : 0.88236
Stop Loss: 0.88394
Take Profit : 0.88030
Continuing the trend lines, this position will provide a strong profit as long as risk management is taken into consideration.
Will update once position is closed.
Showing that this coming last quarter of the month is the remaining shoulders of this year of the pair. I believe that there will be at least two positions to instant buy due to the previous months and SMA. I believe that going short on these will provide the best risk management lowest of 1% , if wanting to go long for the duration will mean larger margin effort ...