Fibonacci Retracement Long

LSE:LAND1W

LAND SECURITIES GROUP PLC ORD GBP0.106666666LSE

Description

⋅ Oct 5, 2018 6:51 AM

Bearish retracement to 50%. Possible Bullish follow-up

Comments

andmk2

⋅ Oct 8, 2018 4:20 PM

I was interested to see this as I'm bearish now after LAND broke downwards from a 3 year plus triangle.
Let's see what happens.

TradingReid

⋅ Oct 8, 2018 6:26 PM

@andmk2, It will all depend on how strong this 0.5% resistance line is willing to hold. I will not commit to bullish until further information shows some bias. Good luck with your trade.