Please see linked ideas below; we gained off the 250 pip bull move smashing our 0.7000 target. We now can expect a correction. This is purely a forecast and further PA confirmation will be seemed before entering.
See annotations, and linked idea below. The QE announcement will have an effect on the longer term value of the pair; we will outline the possible effect on both scenarios. We believe QE will not go ahead any time soon, if it does it will be announced mid next year (June) – even though very unlikely. However, we can expect a gradual decline in interest rates...
See annotations for the forecast. Trades are only executed on price action confirmation.
Strong earnings, PPA's signed with a further commitment of 1.5/GW. 2019 net profit was over USD 2 Billion with net earnings attritbutable to equity share holders was over USD 1.1 billion. A combined portfolio of over 3.5 GW; therefore earnings will be accelerated.
See Annotations. Upside targets of 72.750 and 73.00
See annotations. Upside targets of £25, £28, £30
See related ideas below. Have interim long setup. This setup is in line with my forecasts for the price of oil.
We have various indicators of a reversal: • Divergence in play • Potential reversal channel in line with the divergence • 200 EMA acting as our resistance in target area • Price level 1.30750-1.3000 has been a key Support/Resistance level since 2016 • Oil prices looking bearish which influences the value of CAD • NFP positive speculation for the USD...
Something like this, can you see I have a stop below the antipcated potential RT of the Lows (the "Potential" harmonic pattern outlined in previous post). If price breaches below that level with a close and bearish strcuturee then the long setup will have to be re-evaluated if the bias is still there. (See related Posts below)
See annotations and linked ideas below. Take real risk management precautions as NFP is announced tomorrow.
See annotations and refer to linked post below.
See annotations. Also see linked idea below. Entry strategies will vary; will add on to positions along the way. 50% move is the target. Will look to have 4x leveraged position!