VAST RESOURCES PLC ORD 0.1P, PHOTONSTAR LED GROUP PLC ORD 0.01P, LLOYDS BANKING GROUP PLC ORD 10P, UNION JACK OIL PLC ORD 0.025P, MOTIF BIO PLC ORD 1P, PREMIER AFRICAN MINERALS LIMITED ORD NPV (DI)
FTSE 100, DAX Index, Euro Stoxx 50, S&P 500, Nasdaq Composite, Nikkei 225
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Im new to FX trading but here I believe a possible short opportunity. We are currently descending and as you can see it has broken my daily support level waiting for the retest but also it has broken a Fib level of support (gold line). Looking at the levels which are arrowed it was a pretty solid level of consolidation so am expecting a exit at the bottom of that region?
Potential continuation of the bullish trend, confirmation when breaks and retests the resistance level. Past resistance levels as exit points.