GBP/USD, GBP/EUR, GBP/JPY, EUR/USD, USD/CNY, DXY
VAST RESOURCES PLC ORD 0.1P, OILEX LD ORD NPV, LLOYDS BANKING GROUP PLC ORD 10P, FRONTERA RESOURCES CORPORATION ORD SHS USD0.00004 (DI), CANADIAN OVERSEAS PETROLEUM LIMITED COM SHS NPV (DI), EUROPA METALS LTD 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
Last week we saw an upside breakout of our accumulation/consolidation zone between 1.16600 and 1.17200 with price accelerating up to 1.18400.
The close of trading last week on the market left us at an interesting level where, in my opinion, we could see 2 possible setups.
A break of the CTL and weekly resistance pushing price back up to retest last weeks highs ...
Price peaked at 1.97 with a nice evening star candlestick pattern. We then dropped down to the 127.2 leg of the last wave to form the start of the new channel we are currently in. d leg confirmation at 1.96600 making the channel parallel. Looking to short on confirmation and retest and rejection in confluence with tl and 50% fib level.
need to break rectangular zone before taking any short positions.
Wow what a week, 5/5 loosers! this is my setup for GU.
Aussie monthly – testing support area around .77500, also in confluence with red TL and beginning of a high price volume area.
Weekly – Support zone highlighted and confirmed by recent weeks PA interacting with the level. MA cross and rsi looking to conincide with pa too.
Daily - ...
Currently looking for upside on GJ but at a very pivotal point in price where we could just as easily go short, my exit signal for this trade is a close below 148.5.... lets see how things play out.