Posted by millionaire | Friday, October 23, 2009 | | 0 comments »


update daily chart :

Take a closer look at the cable chart above,while below 1.6750 its still perfect right shoulder in progress,breakdown below 1.5800 is needed to confirm this pattern,as a basic sell high and buy low,i see the great opportunity sell entry around 1.6670--------1.6750 zone..stop loss should be around 1.6850,first focus toward 1.5800 where a true breakdown below that level suggest top already in place and turn focus back deeper to the downside.

0 comments