An interesting chart of Barclays bank where the downtrend has been broken
plus the correction was stopped by now acting support.
This is a bullish development and ideal long entry...this is at odds with the bearish
herd and suggests something else is coming.
A stop back into the channel is your protection.
Good trading
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Barclays
What is our strategy?
Our strategy is a trend...
One of the most challenging aspects of trading is to be patient and wait for your trade plan to materialise. I've been tracking the above set-up for Barclays since early June and the set-up is beginning to crystallise. I always think ABC before 12345, so with this in mind, I have Barclays putting in a B wave flat before a C wave to match the A wave, which would...
BCS - Ichimoku daily chart shows it just break upside of the thick seller's cloud of $6.44. If BCS stays above $6.44 today it could move up to fill the next unfilled gap that was $8.25 from 2/27/2020. Huge upside call buying on 7/17 $6 (33K+ contracts) and 7/17 $7 (48K+ contracts). Not sure what's in the news for BCS, but this could be a catch-up trade as the...
March / April trend line still in play on 1h chart but expect the SP to decrease over the next few days as triple top with reducing peaks indicate weakness.
Hello, here is my analysis, where you can see some interesting points of detail about BARCLAYS PLC. There is some explanation, about COVID-19 impacts and bullish position, where you can choose a long term trading position.
Please, don't hesitate to #share your opinion and #LIKE my idea. Thanks and GL
looking at this we all know this is very under priced and with some of the banks still open we should see a bit of a turn around as they start to lift the isolation slowly but on the clouds on the 4 hour i still see some down side first
By popular demand, here are my revised predictions for Barclays over the next month or so.
I will mark this chart as long, but READ THIS DESCRIPTION . I am not indicating that you long from the get go. Please read my thesis to see when and how you should enter these positions.
Barclays hit the initial target I set almost instantly. From there, it's been...
