Cable seems loosing momentum to break 2400 directly, although weekly market so bearish. 245x has pushed market to stay in 60 pips tight range in last NFP night to close the week approximately at 248x.
We may look back cable going to 1.26xx or the blue box ( at least ), if 253x broken to the northward. Viceversa, we may see 2400 or even lower if 245x broken. If it happened, we should anticipate bearish trap in lower level. Why ? Bullish shark , in term harmonic ratio , on the card already.
Just let the market make the decision itself and get it.
Have a monday trading and success for your pips .....
Rgds, Iqyu
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