GBP/USD, GBP/EUR, GBP/JPY, EUR/USD, USD/CNY, DXY
LLOYDS BANKING GROUP PLC ORD 10P, FRONTERA RESOURCES CORPORATION ORD SHS USD0.00004 (DI), POWERHOUSE ENERGY GROUP PLC ORD 0.5P, UK OIL & GAS PLC ORD 0.01P, VODAFONE GROUP PLC ORD USD0.20 20/21, UNION JACK OIL PLC ORD 0.025P
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
Clear trend line break... It also has all of the supporting elements of RSI line break, MACD line break and divergence on both. Price has been rejected, shown in the form of a pin bar.
Recent low on gold has been violated, so it's time to start looking at shorts on Gold. This of course means that I'll be closing any USD shorts as soon as the pull back has completed.
Recent high broken, looking for next most recent high to be tested.
Recent high broken, so the most likely future direction is to the upside. Looking for some sort of pull back in to structure to take a long position.
Based on price action slowing down, and a bit of basic analysis, I believe theres around 100 pips to the upside to be had... A nice potential 3-1 R.
A nice triangle pattern or ascending wedge (or combo) with some reasonable downward momentum.
I'm looking to be fairly aggressive with this one, and go short on the next turn. I use progressively lower time frames to confirm and time entries, so I'll be watching this one closely from now on in...
Looking at targets around the next major lump of structure, which ...
My trade plan and thoughts on HSBC... Any feed back from the crowds? Conflicting ideas would be welcomed!?
Opportunity to jump on a harmonic move to the downside (straight in to some very nice structure). Very nice risk reward ratio.