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emettrade
Feb 25, 2021 11:57 PM

BARCLAYS BULLISH MARKET Long

BARCLAYS PLC ORD GBP0.25LSE

Description

Bearish channel on weekly chart with time to reach the top.
Bearish guideline close to breaking, which would confirm the main bullish momentum.

The price makes a small correction to 50%, where it forms a follow-up pattern, which breaks its respective resistance, giving us a projection up to 185.

If the price breaks above the 78 fibo level, it could go looking for the 193 high.

ENJOY! :)
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