Wow,look like raining on the cable tomorrow,daily candlestick pattern show bearish engulfing pattern,anyway be careful because the confirmation with 1bear candle is needed to confirm the short term high has been place at 2.0397,cable should bounce back if price today hit 2.0350 above,but cable would test 2.0 psychology level if pass 2.0130 level,for secure your position just watch carefully 2.0130 and 2.0350 range,which one the cable broke we get in with the direction,downside target around 2.0 and upside target target around 2.0513 23november low.Don't forget to put your stop loss to protect our capital,see you then and good luck;)
Posted by
millionaire |
Monday, March 17, 2008
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cable action
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