I am looking for further bullish pressure following the break out of the trendline/flag pattern that started in Dec 2017. It is likely price will meet some resistance around 12000-13000 USD and potentially retrace and retest the neckline of the inverted head-and-shoulders pattern before continuing higher.
The weekly chart is starting to decelerate at the key S/R level of 1,78. Price had broken a short term trend line and the 4h 50ema which has supported price for some time. Looking for a short trade with first target around 1,75
Following the sell off in equity the FTSE broke below the weekly 50ema and formed a lower high on the daily chart. The past couple of weeks price has retraced to the 0,382-0,5 fib retracement and decelerated at the key S/R level of 7300. First target is around 7100, second target around 6900...
