Starting it off.
Al
MA
MarcinO
Rep: 67
Posts: 5,506
Looks like Cable needs some drop before the next leg up to my area.
1.2990 seems the best support, with alternative at 1.3010-15. Keep in mind though, that in this context, any solid sign of bullish correction ending, should trigger long position, no matter whether Cable hit any of these areas or stopped somewhere between them.
1.2990 seems the best support, with alternative at 1.3010-15. Keep in mind though, that in this context, any solid sign of bullish correction ending, should trigger long position, no matter whether Cable hit any of these areas or stopped somewhere between them.
MA
MarcinO
Rep: 67
Posts: 5,506
Lower area hit. Time for a move up.
Given pretty low volatility today I wouldn't be surprised if Cable needs the whole night to make 80-90 pips up.
Given pretty low volatility today I wouldn't be surprised if Cable needs the whole night to make 80-90 pips up.
Originally posted by MarcinO
Looks like Cable needs some drop before the next leg up to my area.
1.2990 seems the best support, with alternative at 1.3010-15. Keep in mind though, that in this context, any solid sign of bullish correction ending, should trigger long position, no matter whether Cable hit any of these areas or stopped somewhere between them.











