LAT

LAT

Formation of a Rising Wedge, indicating bearish breakout from the multi-week uptrend. Rejection off the 5 month uptrend also observed. Sell on break of uptrend line.

LAT

Possible 4 short positions on EURGBP. Break of first support, second support, neckline of H&S and break of previous major low

LAT

Rejection off 5 month down trend observed, along with break of counter trend line. Sell through line, targeting previous prevalent lows.

LAT

Sell on downside break of rising wedge/counter trend line. Bearish divergence observed with rejection off 6 month down trend line. T1 = wedge MPO/ hourly support, T2 = next hourly support level, T3 = daily support level.

LAT

Signal: Symmetrical triangle breakout, resuming primary downtrend. Target: MPO (pattern objective) into 0.7180. Stop: 0.8550 (recent highs) Alert: Watch GBP broad strength (including GBP trade weighted & GBP/USD)

LAT

Daily timeframe. Rebound from the 3 year down trendline. Waiting for a breakdown of the countertrend line and support. Stop placed above the previous price action high and long term down trendline. Target is the next support level and previous low. With potential further targets at 0.7351 and 0.7179.

LAT

Oil bull channel break, bearish divergence observed on topping structure

LAT

Cable meeting strong resistance at 1.3170 forming reversal H&S pattern. Potential target on short to 1.3090