LLOY TREND ANALYSIS

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we firstly see candlesticks responding to the strong descending trendline (RED) and also a H&S pattern (BLUE BOX) both of these give a possible indication for a bearish continuation. Lastly there is a continuation wedge (BLUE) which generally results in a break out downwards. this would give even more reasoning to go short. I would take profit at around £25 the lowest price since 2012. once that price hits be sure to be looking for entry's to buy 1 once analysis is done !

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