GBP/USD, GBP/EUR, GBP/JPY, EUR/USD, USD/CNY, DXY
MX OIL PLC ORD 0.01P, LLOYDS BANKING GROUP PLC ORD 10P, UNION JACK OIL PLC ORD 0.025P, UK OIL & GAS PLC ORD 0.01P, VODAFONE GROUP PLC ORD USD0.20 20/21, FRONTERA RESOURCES CORPORATION ORD SHS USD0.00004 (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
The break of the red channel caused a selloff and that red bottom band is now getting backtested which will probably hold and send Bitcoin down again.
Either a massive sell off or a nice strong rally just around the corner.
The break up of the bull flag would be super bullish. The green support has 3 hits. If Kiwi stays within the declining channel and breaks down that green support, it would clearly open the space underneath for a steep drop. All in all, it is a great technical picture which can be played both ways depending on the direction of the break out.