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LLOYDS BANKING GROUP PLC ORD 10P, UK OIL & GAS PLC ORD 0.01P, CHALLENGER ACQUISITIONS LIMITED ORD GBP0.01, PHOTONSTAR LED GROUP PLC ORD 0.01P, PREMIER AFRICAN MINERALS LIMITED ORD NPV (DI), VODAFONE GROUP PLC ORD USD0.20 20/21
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Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
massive pin bar formed, respecting trend line, high rsi.....short
smashed 61.8 fib, big pin bars on the 4hr, short1!
just a quick bit of analysis on this pair, its hit 61.8 fib and hit resistance....showing signs to continue the down trend.
pair has filled gap, short here.
hit daily resistance, potential reversal to continue down trend
the pair is reaching a critical point and could potentially be readt for a reversal if its unable to break daily resistance.