LG1234

LG1234

One to keep your eye on after bouncing nicely within the ascending channel . This channel has been forming for the last 3 years and when/if it drops it has massive down side potential( up to 5000pips). This is not a trade that will play out overnight so if you are prepared to play the long game(or should that be short...) then all good things come to those who...

LG1234 Updated 

I'm going against the current bear trend here after all GBP pairings have taken a beating and looking to take a long on this pair. At the very least we can expect a relief bounce from this point as 4 trend lines are all converging at one point. We have a trend line dating back from sept 2011 being tested for the first time since oct 2016 plus 3 others all...

LG1234

Although most traders are currently bullish on BCH i am bearish for multiple reasons: 1- Lets start with volume or lack of. Yes we have broken out of the downtrend line but with very little volume. As with any breakout its always important to see high volume to confirm a trend reversal. 2- Divergence-after displaying bearish divergence for well over 1 month...