ChrisWelburn

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Joined Australia
Finding the next big trade...
Markets Allocation
60 % indices 20 % forex 20 % stocks
Top Mentioned Symbols
AXJO 60% | 3 USCR 20% | 1 GBPUSD 20% | 1
ChrisWelburn ChrisWelburn GBPUSD, 15,
GBPUSD: Mad World
97 1 3
GBPUSD, 15
Mad World

It's a scary world we live in indeed. GBPUSD crash in the space of a few minutes.

ChrisWelburn ChrisWelburn AXJO, D,
AXJO: ASX200 development in the next week(s)
36 1 0
AXJO, D
ASX200 development in the next week(s)

Previous break out of resistance is showing to be relatively strong. New resistance line is shown in green around 5354 with support at 5184 (blue line). If it breaks this support level, an extreme case would be a negative movement to 4893 (red line). If resistance is broken, we would see a much higher high of 2016.

ChrisWelburn ChrisWelburn AXJO, D,
AXJO: ASX200 Break out of resistance?
81 0 1
AXJO, D
ASX200 Break out of resistance?

Updating my previous entry that was based on the trend... It seems the support level may be rising and a potential break out of resistance levels. We'll have to wait and see, I'm not going to trade this for now. Clearly the market has been particularly strong the past few days....

ChrisWelburn ChrisWelburn AXJO, D, Short ,
AXJO: ASX200 Capped by Negative Trend Line
49 0 3
AXJO, D Short
ASX200 Capped by Negative Trend Line

On the move down once again

ChrisWelburn ChrisWelburn USCR, D, Long ,
USCR: USCR Cup with Handle
97 1 4
USCR, D Long
USCR Cup with Handle

Cup with Handle Chart Pattern

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