cable and Gbpjpy
Price broke above major R, but buyers failed to sustain price above the R...now we are trading below the major R...we are forming minor R below major R...this shows that sellers are winning the fight...as long as price stays below the minor R, I will be looking to short both gbpjpy and cable...am waiting for another minor r to be formed...price will be pressing on the small TL...a good sign that price might break the TL
Price broke above major R, but buyers failed to sustain price above the R...now we are trading below the major R...we are forming minor R below major R...this shows that sellers are winning the fight...as long as price stays below the minor R, I will be looking to short both gbpjpy and cable...am waiting for another minor r to be formed...price will be pressing on the small TL...a good sign that price might break the TL