GBP/USD, GBP/EUR, GBP/JPY, EUR/USD, USD/CNY, DXY
LLOYDS BANKING GROUP PLC ORD 10P, VODAFONE GROUP PLC ORD USD0.20 20/21, MX OIL PLC ORD 0.01P, VAST RESOURCES PLC ORD 0.1P, FRONTERA RESOURCES CORPORATION ORD SHS USD0.00004 (DI), UK OIL & GAS 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
Point 5 of the bearish pattern has occurred. Sell GBPCHF
Looks like EURUSD is on the hunt for the second lower high to complete trajectory for bullish Wolf Wave. Long till 1.182 then short to 1.156 area
Looking to go long when I see a reversal at the bottom of this channel.
Could go either way, but GBP finished strong on Friday, so will be looking for more evidence of a break upwards.
If Price keeps above the red dashed line, I'll be looking for long positions on pull backs!
If price closes below the dashed lines, ill be expecting it to hit the Wolfe Wave target eventually.
Bearish flag about to be over it seems.
Price manages to penetrate support and was rejected trying to pass back above.
UJ bull flag... on the way to the bottom of consolidation channel IMO
Think buyer pressure may increase now we are at strong support from January. Throwing in the fact that the Dollar has been on an incredible run up, this makes even more sense IMO. Will be looking for price the move to the top of the bull flag . Thrown in some extra estimates of potential price movement for kicks! lol
I think price will find some strong support from the previous trend line down (pink). If it makes contact with it again, then we may see an attempt at bullishly breaking through the downward channel line in red (dashed). If that happens, i'll be looking at a long position on the pullback to resistance/support.
Looking for a break of the red channel line via 50pc fib then lift off to yellow target!
Seem like the bullish wave on EU may be over for now and correction wave C can complete the sequence.
With my earlier chart showing DXY being bullish, was only right to look at the other side. Expecting the pound to continue to fall in trend, then pick itself up at about 1.22506
The dollar seems to be rising to the wolfe wave line in yellow.