GBP/USD, GBP/EUR, GBP/JPY, EUR/USD, USD/CNY, DXY
VAST RESOURCES PLC ORD 0.1P, SEEING MACHINES LIMITED ORD NPV, GREATLAND GOLD PLC ORD 0.1P, INFINITY ENERGY S.A ORD NPV, PREMIER AFRICAN MINERALS LIMITED ORD NPV (DI), UK OIL & GAS INVESTMENTS PLC ORD 0.01P
FTSE 100, DAX, Euro Stoxx 50, S&P 500, Nasdaq 100, Nikkei 225
Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Copper
Bitcoin / Dollar, Ethereum / Dollar, BCH / Dollar, Ripple / Dollar, Litecoin / Dollar, Ethereum Classic / Dollar
US 10Y, Euro Bund, Germany 10Y, Japan 10Y, UK 10Y, India 10Y
GOLD (US$/OZ), Brent Oil, Crude Oil, Natural Gas, PALLADIUM (US$/OZ), SILVER (US$/OZ)
Price to complete move to the downside before heading for monthly resistance.
Wait for breakout.
Wait for break of flag
Nice setup to catch on the smaller timeframe.
Wait for clear breakout .
Follow the trend up.
Wait for clear breakout on the 4 Hour.
Trade length from neckline to head.
Headed to the 1200 Major Key Level.
Short term bearish move with good risk reward.
Head and shoulders reversal pattern.
Wait for breakout and retest on a lower time frame.
3:1 Risk Reward
Please leave feedback on this idea.
Constructive criticism would really be appreciated.
The pair seems to have formed a downtrend channel and I am trading the Fibonacci cycle to the 1.618 Fibonacci Extension Level.
Reward Risk Ratio 6:1