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ArtisticTrader1
Jun 29, 2017 12:24 PM

BARClAYS PLC STOCK ANAlYSIS (BARCL) Long

BARCLAYS PLC ORD GBP0.25LSE

Description

Price bounced off the support zone and also a trendline giving us a good opportunity to enter a buy. Market retraced at the 0.63% of the Fibonacci Level given another indicator to enter for bullish and also based on the two Harmonic patterns we have on the chart (one completed and the other is forecast) they are both indicating a bullish trend (Buy).

Trade Setup: Buy
Target 1: 244.74
Target 2: 257.05
Target 3: 292.96

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