DislikedHi Raza!
How u doing this week?
Be careful with shorts on Cable, I see some bullish interest here.
Check my analysis if you want:
http://www.forexfactory.com/showpost...postcount=9241Ignored
162.50 looks very posibble but i think 1.5700..first.
I am not shorting right now ..short from 1.67..
Sorry for all those trendlines ( I know what they all means)
But if you look at the Channel downward... this is what i drew when price hit 1.6741...and this channel is working like a charm...we have not been into the lower Channel yet..but i Believe we will by this Friday.
This H&S target sits at 149 minimum...
Note we are making Higher lows and lower Highs since SEPT. I see Hidden Bearish Divergence on RSI.. which should play out soon...imo..
Markets are not Random, they are designed!