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
Technically we are at a potential area of reversal. Furthermore anticipating weaker EUR and GBP. With their assets mainly in europe they are basically long EUR and GBP. Furthermore, high leveraged company exposed to interest rate increases.
close to longer and mid-term resistance. Breaking ascending F-flag. Potential interesting are to take the short.
Potential area of reversal for Glencore. With expectations of low inflation, high leverage so exposed to interest rates and an reversal pattern in the making, this may be worth the shot short.
looks like a reveresed head and shoulder. coming week will be critical. could become strong.
two spikes, M pattern to end C. reversal time?
long term very interesting though. there is some big price action ahead both up and down if current structure breaks. One to watch!
is this the top? There is a nice opportunity for a short setup with a tight stop for s short term short #S&P500
so my short play of last week worked out different. new top in dow means reviewing the situation. However, i am again a bear as long as current top is not broken.
AEX started a C wave and is now close to long term support. I will look for price action here to see if it breaks. Currently I remain position short as I am. #AEX
EURUSD is in difficult territory though I start to become more bullish. Reasons why:
Chart: broke structure, it may show a reversal pattern (H&S) so no confirmation yet both bullish or bearish, nevertheless, it is still below structure so that is bearish.
Fundamentals: USA tends to surpluses, reduce spending, all bad for economy so usd lower?
For discussion purposes only ;) what are the odds of having a long-term double top/M-pattern being formed? Current short term C wave shows already some weakening price action. The 15 min starts a corrective move, that will in itself create an hourly bearish move down. There is still a huge run to go on the weekly to have a confirmation of the M patter, but if ...
AEX index shows possibly the start of the C-wave down starting a topping period. -- AEX index staat mogelijk aan de vooravond van een daling van enkele dagen/weken. Ik zie dit als de start van een langere termijn top formatie.
What can we expect of the coming days. Breaking up or down, the DAX reached critical levels. I'll remain short.
Topping here and taking a short seems a good call. EUR is strong at the moment, but expecting a pullback in some form. GBP has been strong too, expecting to stay strong?
i placed order to for this trade. waiting to see if the entry stop is taken. What do you guys think of this? Would welcome some feedback. I anticpiate USD strength but at same time the EXY shows room to improve or consolidate.
although confirmation in the chart not there yet I would like to get this one out there. long dollar pairs to be seen?
Adding short to B wave
Starting to build short while top is being formed. I anticipate 2 scenario's. (1) top is in and visible on 15min to form ABC lower. Therefore C wave is starting now so take position, but it could get higher to form a slightly higher top in hourly before correction starts. There the short position can be completed.