BCS, Barclyas bullish trend continuation patteren spottedI believe that successful trading strategies rely heavily upon identifying consolidation zones. Consolidation zones provide us the right direction of the market. Consolidation happens when a market move sharply upside or downside. Later, a trader can use these consolidation zones to identify patterns, whether it be continuation or reversal. It requires attention and care. Rather than turning out to be a factory of producing signals, it is better to sit down and look for a setup. Setups are important because we are planning a trade and execute them on time. If you fail to plan a setup, then you are planning to fail. Another advantage of trade setup is that we know where to get out and the right time to go in. Know the market. Study the price movements and make your trades. My charts use price movements, patterns, structures and indicators such as moving averages and oscillators. Trading intelligence is combining multiple knowledge to produce a favourable trade setups and plans. Educationby Dinkan35
Barclays - Bears score another brownie point Daily chart - Breach of the rising trend line (drawn from June low and September low) adds credence to the round top pattern and bearish breakdown on the RSI. A daily close below 219.10 (Jan 31 low) would be an icing on the cake. Doors would be opened then for a sell-off to 200.00 levels.by TipTVFinance4
Watch out for consolidation breakout #BARC #FTSE #TradingSHORT - in the short term and then look for longs at roughly 200 levelShortby RajDhall1
Bank Stocks pt.1Raising Inflation and BoE stance on Interest Rates will change. Barclays have been clearing decks from the financial crisis and move towards a lean operational model focused on UK and US. As both central banks move towards controlling inflation, financial stocks may benefit from increased lending rates and quantitative tightening,by patelbg20013
Barclays ready to break 3-month rangeBarclays has been in this range since December. I see prices moving lower before tracking higher to the psychological 250.00 levelLongby Trader_Troy8
Possible Long Trade on Barclays PLCBarclays release the full year earnings on Thursday, there is an ascending triangle in place in anticipation of the release. Possible breakout on the long side could be tested at 267 which has been tested a couple of times before.Longby Trend_Analyst4
Barclays: Updated chart: waiting...Good position to have some retracement but not willing to go down alot at the moment... Waiting...by KVE113
SELL RETRACEMENTCurrent structure indicates buyers exhaustion. Therefore sell to 0.5 fib. retracement level form last up move.Shortby pablo82Updated 3
Barclays – Poised for correctionBarclays is one of the volume leaders today. The stock appears priced for a correction – Bearish price RSI divergence on the 4-hour chart Overbought on the daily chart Stuck at weekly 100-MA Thus, a minor pull back to 200 from the current price of 2111 appears likely. by TipTVFinance112
Barclays (BARC LN)Barclays (BARC LN) – recently Co.’s shares have taken a hit after Trump gains ground in the election polls. Yesterday shares received a lift after UK courts decided that MP’s must be involved in the invoking of article 50. This led financial names and GBP to rally as a soft Brexit may be the outcome. Taking a look at the chart we are in a technical downtrend on the D1, but on the lover timeframes we are clearly making higher highs and higher lows. In terms of the RSI on the D1 chart we are still in positive territory, albeit mildly so. On the hourly chart we are seeing a bullish failure swing develop which suggests we are slightly stretched short term. We are slightly above the relative value area on the H1 chart which does suggest after a mild retracement we could see prices move back to the 170-172 area, but the 180.53 support zone would confirm a break lower as the first lower high and lower low would be confirmed. R3 192.99 R2 downtrend line above current price R1 187.065 Current 180.65 S1 179.73 S2 177.04 S3 174.81 S4 161.09 Shortby RajDhall1
BARC: Barclays Bank long opportunity coming up around 150...?For now it looks down again but we might have a good long opportunity coming up around the 150 round level...Longby KVE1
Barclays PlcLooking for trend structure to change from down trending to up trending at around the 188 level. Nice rejection bar 5 days ago with higher than average volumeLongby dec.hynam3
BCS Weekly Chart. Long ViewPrice is on support area , long view till the triangle resistance.Longby ChrisMark9
Barclays PLC GETTING READY TO FILE BANKRUPTCY BY 2022From 2007 high it is going down trend. And now in near future it will re-test the 2009 low around $2.75.(see green line in the chart) If it fails to hold then BCS will go pennies on the dollar. Though you might have missed the maximum profit ratio by shorting but still you guys have some hope as it is only trading around $8 range and soon it will free fall. Good luck to you all. It will be a painful as those trickling down might take some time.Shortby sum1661
Barclays – Long term falling trend line breachedDaily chart chows – Falling trend line has been breached, however, RSI is close to being overbought, while money flow index is going nowhere Hence, failure to take out 175.45 (March 8 high) could yield a pull back to falling trend line level of 165 and 160 (23.6% of July 2015 high – June 2016 low). On a larger scheme of things, the stock appears on track to test 38.2% Fibo of 185.66 as long as the 23.6% Fibo support remains intact. by TipTVFinance3
BARCL: Ample downside to be seen in BarclaysThe chart speaks for itself, we have a very clear downtrend here, after breaking below the key earning levels above after the 'Brexit' induced volatility spike. We can enter shorts for continuation here, and look for prices around the 70 handle, without being overly optimistic (or pessimistic on European banks). Price has to stay under today's high for this setup to remain valid, otherwise it would consolidate before eventually resuming the accelerated decline towards the lows. Check out my updated track record here: pastebin.com If interested in my real time whatsapp alerts and swing trading newsletter, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year. Cheers! Ivan Labrie Link to Tim West's chatroom: www.tradingview.com We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask. Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.Shortby IvanLabrieUpdated 21
BARCLAYS BANK: Broke below the 2011 low...Broke support, below the 2011 low now... Possible rebound between 117.45 and 104.56. Beyond that we have the next abvious support at the 2008-2009 level...Shortby KVEUpdated 5
TRADE IDEA: BCS COVERED CALLThis little fella was one of the plays on my lengthy post-Brexit list ... . Here, due to the cheapness of the underlying and my not wanting to be married to the trade longer than necessary (it might have further downside), I'm going covered call and tight in with the short call (also, if you go further up with the short call, you can't get squat in premium to reduce your cost basis in your shares). Here are the metrics: 100 Shares BCS at 7.34 1 Aug 19th 8 Short Call Whole Package: $686 debit (6.86/share will be your cost basis) Max Profit: $114 (if called away at $8/share)Longby NaughtyPines1
BARCLAYS $BARC - Brexit fears holding back breakout.We have to keep instruments like this under a close eye over the coming week. Although a lot of indicators and paterns pointing to a breakout, it is clear that Brexit worries are keeping it down for now. I expect it to be a flat week until Thursday evening/Friday Morning of the 24th. Neautral But I like the repeating Head & Shoulders bottoming patterns! by OnionsUpdated 3