Wednesday, February 1, 2017
Does cable have fuel enough to break high of January ?
Bounced sharply from 241x , like a basket ball :) , it's stuck below 2600 to close bullish #January. The movement, roughly , seen to form bearish shark in lower #time #frame ( M15 ). White , Yellow and Green ( +/- 5 pips ) level should be watched closely, and off course the red one also.
In north side, daily candle Jan 26 seems a dark "red" cloud for cable. If there is no such a fundamental trigger , a breakout needs additional support from lower level.
Just my humble commentary to share. It's your own #risk if you take it as a call. I don't ask to ...
Keep safe trading.
Happy #February For #Asia #Pacific
Rgds, Iqyu
$Cable #Cable
$GU #GU
$GBPUSD #GBPUSD
#Pound #Sterling
#Forex
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