DislikedEntered Cable, not the greatest candle to enter on but momentum is down for GBP and USD I feel is continuing in strength. Majority of indicators showing a bearish Red, which means good strength for a downtrend to continue. Only issue is the daily 23.6 Fib level is approaching, I'm expecting Cable to hover and then break this to make further lows as Daily Pound is forming a bearish spinning top (kind of a risk) and USD has a green daily candle? {image}Ignored
but short term retracement can happen.
thank you for posting.
Every man who thinks ahead of his time is sure to be misunderstood.