Possible Buy LevelLooking at D1 Resistance Break, I am looking for possible buy at nearest H1 Support, also the level are matching the possible D1 RBS.
RBS
EURGBP READY TO MOON?In Technical perspective, major timeframe shows is clear uptrend. So, it’s safe to have long position to swing. Additionally, right now price near to,
1. QM Manipulation Level H4
2. Resistance become Support Area H4
3. Rally base Rally H1
These all buying opportunities area.
GOOD LUCK.
EURUSD WILL FLY LIKE GOLD?As Technical Analyst, I personally aspect price will go bull on EURUSD.
Reason
1. Price break Daily Supply Zone, and aspected to be Demand Area.
2. Price break Daily Resistance and potentially become Support.
3. Price reject the RBS zone as respect to go bull.
GOOD LUCK ;)
GBPUSD - BearishGBPUSD will continue bearish and probabbly will retest SBR zone and then continue drop.
POTENTION BUY AREA ON XAUUSDThis area having more confluence such like,
1. QM BREAKOUT
2. POTENTION RESISTANCE BECOME SUPPORT
3. RALLY BASE RALLY (DEMAND)
GOOD LUCK ;)
1.236 fibo hit and rejects, time to go BULL?Yesterday's news was unexpected. Why? simply because it shot up after dipping down. As usual, there's a zone or area that forces it up. In this case the 1.236% touched and didn't hesitate to close the day with 800+ pips.
As per my previous analysis, now it has closed above the 38% monthly fibo retracement. The daily has also closed above the weekly fibo retracment of 1.236%. The AO is showing divergence with the weekly timeframe, we need to wait for the end of today.
Now what do i do? Follow the news that's always telling something false. Be with people who have fear and greed? Which? Well for me, follow what the market tells you to do. In this case, it's telling me, im ready to go long. But I've got a few things before i decide to be in a trade. To be precise, 3 things now.
1) Wait for the end of today(friday) weekly bar has to close above the 38% Monthly Level. If it does, i will watch next week to break this week's resistance to become support to go LONG. If it doesn't i will do nothing. It needs to be RBS.
2) Watch for today's movement(price action) in smaller time frame(h1-h4) at the 38% Monthly fibo, if the pull back happens and rejects there, i will try to go long. If closes below, i will continue to short.
3) Lastly for whatever reason, If it closes below the 38% monthly fibo, i will continue to stay short.
Follow the market, don't guess. Risk Management your trades.
FL (Flag Limit) SampleFlag Limit in EURAUD 4h chart
Pay attention to Major RBS and 3 Drive Pattern When Price return to RBS Line
INNATURE trend and supportMYX:INNATURE Use trendline as support or use previous resistance as support.
Disclaimer: This is for educational purpose only, not a buy call.
H4 Trendline BreakCurrent H4 candle close breaks trendline acting as Resistance. Break at 3rd touch. Expecting Lower Low. Current High after break, will makes 2nd Trendline. If 2nd Trendline is break, then I will be expecting pullback at 2nd Trendline that will act as RBS Resistance Became Support, for Uptrend possible Uptrend continuation after that.
Week 46: ZSF 2021 Buy at retest levelWeekly analysis for ZSF2021
Week 46: 09 to 13 November 2021
Market was pushing the price higher and made a new Higher High last week.
The Head and Shoulder formation was not happening, on Friday the momentum was slower and today not much happening too in Asian session.
Overall trend is still bullish, but don't jump to the band wagon now; we better wait at a retest level to long.
My personal trade call for this week :
Buy Limit at $1,084
Stop Loss at $1,061
Take Profit at $1,130
RR = 1.92R
Special note :
As there is no reference on the Take Profit, we do not know how bullish it will be.
My advise, watch for the Price Action in H1 and H4; they will give you an early warning whether to close manually or let it ride.
If I happen to watch it, I will update it here on comment section.
Disclaimer :
The analysis above for educational purposes only, I do not responsible for your losses. Please adjust your own lot-sizing according to your appetite.
If you are benefiting from my trade opinion, please buy me coffee.
As always, move your SL when you are in the profit zone.
Looking for bullish price correctionBased on my analysis there is no clear bearish trend at the moment, so I plan to look for this 2 key level as for short buy scalping at the 50% fibo level with a resistance became support in 15 minutes timeframe, for long trade buy at fibo level 60% -100% as for my strong support level, if this two level aren’t going towards my expectations I’ll consider looking for sell opportunity.
ROYAL BANK OF SCOTLAND - TIme to ZOOMRBS faces its earnings tomorrow, which although may be patchy, should not be cruelly wounding to their overall growth. We have a beautiful sign of a golden cross forming here, as seen highlighted within the blue circle. We have a previous divergence, leading up to us sitting on top of the marked support. It's clear RBS is interested in sitting at a higher level than previously before, and accompanied with the sufficient volume, this could really take off should the circumstances come correct.
The SL is marked just below where we wicked down to an hour previous. There is no guarantee that this support will hold, but it seems relatively strong, especially comparing it to the past performances in its existence. It helps a lot that we have pushed through this support rather than fallen to it, as it indicates that this price level is secure and potentially trustworthy.
Hopefully RBS can show us some green over the next couple of weeks. This is mapped for more of a long term hold, maybe exiting in mid-May.
After A Pullback From Extreme Optimism, RBS Is A BUY HereAfter a gap-up, Royal Bank of Scotland zoomed into extreme optimism and immediately met with bears that dragged the stock price down. Now the stock is reverting to its mean which makes it even more attractive to buy at a discount. A gap-filled will be a first step before bulls make their presence felt on the stock price.
N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades
HSBC Bank and RBS Groups on Launching New Digital Banking PlatfoRecently, British banking big names HSBC and RBS indicated they have launched new digital banking platforms.
The launch happened after a competition for digitally savvy customers steps up in the face of a wave of online startups.
Last Monday, HSBC has also rolled out a new app-based business banking service. This service was previously known as “Project Iceberg.”
Currently, it is now labeled as “HSBC Kinetic.”
Meanwhile, RBS is placing the finishing touches to its latest digital bank called Bo ahead of a public roll-out later this month.
Moreover, Bo has already arranged a public launch this month from offices in London’s West End.
The Bo app is to urge customers to have a financial plan and save better. This plan will also alert if you have made some overspending.
There is a target of 16.8 million Britons with less than 100 pounds ($128) of savings.
Prospects of Leaner Banking Platform
RBS - Set to correct lower?Sell RBS (RBS.L)
The Royal Bank of Scotland Group plc (RBS) is a banking and financial services company. The Company provides a range of products and services to personal, commercial, corporate and institutional customers, through its subsidiaries, The Royal Bank of Scotland plc and National Westminster Bank Plc (NatWest), as well as through other brands, including Ulster Bank and Coutts.
Market Cap: £29.13Billion
RBS appears overdone in the very short term. The shares have benefitted significantly form the rally in GBP over recent weeks with a 30%+ rally from the October lows. The shares have rallied into an unfilled gap at 247.4p, which was created on the 26th April 2019. This also corresponds with a 78.6% Fibonacci retracement level from the highs at 266.1p on the 17th April to the lows at 176.6p on 15th August 2019. The looks to be a reasonable level to take some short-term profit or initiate some speculative selling. The bearish looking candle on the daily chart adds further weight to the bearish argument.
Stop: 250.5p
Target 1: 232p
Target 2: 217p
Target 2: 197p
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Confluence of resistance for RBSFor a more in-depth analysis, see:
www.quantiumresearch.co.uk
RBS ran into an almighty price barrier on Friday. Today it reversed over 2%. Look at the significance of this resistance. 3 components are shown in the chart:
1) Fibonacci fan line
2) 100-day moving average
3) 2.618 extension of a price gap.
The market has retested and responded to the 0.382 trendline from the fan 3 times before now. That makes it a validated trendline and solid resistance in its own right. When this was combined with the 100-day moving average, it gained even more significance. Now, the Fibonacci extension is measured not from a price range, but from a non-price range: a gap! The high of the top candle landed right on the 2.618 extension. This degree of confluence means something.
That being said, the market had completed 5 waves down and developed a bullish divergence on the RSI . If this means the downtrend is over, then today's turn to the downside may be short lived, even it it was initiated by a very strong area of resistance. A very interesting chart to keep an eye on.
An almighty price barrier for RBSRBS ran into an almighty price barrier on Friday. Today it reversed over 2%. Look at the significance of this resistance. 3 components are shown in the chart:
1) Fibonacci fan line
2) 100-day moving average
3) 2.618 extension of a price gap.
The market has retested and responded to the 0.382 trendline from the fan 3 times before now. That makes it a validated trendline and solid resistance in its own right. When this was combined with the 100-day moving average, it gained even more significance. Now, the Fibonacci extension is measured not from a price range, but from a non-price range: a gap! The high of the top candle landed right on the 2.618 extension. This degree of confluence means something.
That being said, the market had completed 5 waves down and developed a bullish divergence on the RSI. If this means the downtrend is over, then today's turn to the downside may be short lived, even it it was initiated by a very strong area of resistance. A very interesting chart to keep an eye on.
UK banks outperform FTSE 100 before stress test resultsUK banks outperformed the benchmark for UK shares during the rout in global stock markets that began in October. UK bank share prices are down over the past two months, but by less than the FTSE 100 index.
Positive expectations for stress test results have played a role in limiting the damage to UK bank shares.
Looking for price to bounce current levels up to high 280'sI would stop myself right under the slight previous low.
RBS turns its trend?Royal Bank of Scotland has broken its over a month long bearish trend, while bounced from it one year long bullish trend. RSI goes up over 50 and MACD also point to green area, where signal line was finaly croosed.
This setup looks like nice opportunity to go long.
