pjmcauley

pjmcauley Updated 

The XJO Daily appears to be topping. The retracement looks like Wave 2 ABC Correction and price has retested the trend line coming up from previous highs forming something resembling a Megaphone Pattern. Volatility should be high going into Christmas.

pjmcauley

Potential head and shoulders. Right shoulder at 50% resistance and major resistance from prior highs. Looks weak into weekend. Too many risks going into weekend. Early next week could be upsets. Good Luck!

pjmcauley

GBP/USD is trending up. Ftse likely to fall. Target 7360 area. Stop loss 7430.

pjmcauley Updated 

Likely target till beginning of December. Go long after break of trend line.