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, UNION JACK OIL PLC ORD 0.025P, PHOTONSTAR LED GROUP PLC ORD 0.01P
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
I spotted a fib retracement that hit the 50% retracement line and bounced off. Its headed towards Target 1 on the fib retracement 0.6
I then spotted my previous completed harmonic. We have already hit the 0.3 target so we are prob headed for the 0.6 target.
Target 1 is about 100 pips and target 2 about 200-odd
Harmonic pattern completed and reversal taking place. You could probably bag 60-70 odd pips if it hits target 1. Will wait for it to test target 1 before shorting again to target 2
Potential harmonic to look out for on GBPJPY
Harmonic spotted. Lets see how this goes.
Trend line break and Ichimoku cross. It hit the 100MA and bounced right off it too.
I expect it to retrace back to the old support/new resistance and go back down. Keeping an eye on this.
Harmonic pattern on Cable's 1 day chart. The reversal to the first target is about 300pips
Waiting to see how this goes
All the fib requirements were hit perfectly.
Note: This is a beginner's analysis. Harmonic patter on cable that I spotted. Harmonic completed perfectly and now its going the other way. Looking for it to break the first resistance in blue and then the golden one around 1.2500
First of all this a beginner's analysis. Bullish butterfly on GBPEUR. Im going short and then going long.