GBP/USD, GBP/EUR, GBP/JPY, EUR/USD, USD/CNY, DXY
FRONTERA RESOURCES CORPORATION ORD SHS USD0.00004 (DI), LLOYDS BANKING GROUP PLC ORD 10P, UK OIL & GAS PLC ORD 0.01P, POWERHOUSE ENERGY GROUP PLC ORD 0.5P, PHOTONSTAR LED GROUP PLC ORD 0.01P, ASIAMET RESOURCES LIMITED COM SHS USD0.01 (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
Potential reversal at major post-brexit support, offering very good risk reward ratio. Oscillators showing oversold, and candlestick patterns forming.
I have placed stop losses below the lowest structure level, and take profit levels below major resistance levels
Bearish Cypher and Gartley formation on EURUSD 1h chart, completing close to one another. I will trade the two patterns separately, as as shown, should the patterns complete.
Looking likely that we will see the valid formation of one of these advanced patterns on the GBPUSD 4h chart. Worth keeping an eye on.
Breakout from post Brexit triangle consolidation. AB=CD pattern completing near major post Brexit resistance, after breakout from triangle.
I will be selling before the crossover of previous resistance levels, placing stops above the highest resistance level, and taking profits at two support levels below (see chart)