- Like the short USD/CAD trade, long Cable has not been an easy ride thus far. But early signs of reward coming this way now.
- Monthly : Triangle breakout, but in the reversal direction, not the usual continuation. Still valid however albeit unconventional.
- Weekly : Looks like finally punching clear of 1.6299 tough resistance.
- Daily : Same as weekly, clearing 1.6277 resistance.
- Already long. Sitting tight. (Last 1.6315).
No comments:
Post a Comment