Down
Trouble in paradise Google is headed back down after getting close to the all time high. After thing past the 15 min. Looks good for a short. You can see with the arrows that this is over priced and headed back down to the 798 level. This is a multi-day trade set up. I don't see this catching on and becoming the floor so get in while you can.
UKOIL Long-Term + Mid-TermUK OIL Giving Opportunities for Shorts and Longs Mid-Term and Long-Term
In a range between 30/50 Day trades mostly (Not holding long-term positions)
One Trade from price level 30 Long with Tight SL on positive side (Holding if we break up)
Pending Long Order at price 54.00 Flat if we break and continue up
Possible neutral at least till end of year in this range of price level 30/50
Happy Trading
www.iBrokers.ee
GBPUSD COUNTER TREND BREAK (1HOUR)As posted in a previous post I am expecting GBP/USD to make new lows with a break of 1.28000. An opportunity is now forming on the hourly to try and hop on the trend a bit earlier with a break of a counter trend line. The 1.3000 level has been rejected 3 times now and a breakout retest continuation of the counter trend line could send us lower. Targets would be at 1.28000 and 1.25750 (account for potential increased margins for targets).