Hello Traders!
As I expected at the last post the Cable did not pierce 1.255XX key level. It trended down for three days and made Three Black Crows candle pattern which is bearish. Brexit is still very uncertain and trader sentiment is still bullish making 3:1 Long/Short ratio .
I am expecting the cable to go sideways or false breakout on July 24th trading session and continue to go south.
**I was in Chicago Trader's Expo for July 21-23. I highly recommend checking that event out along with Money show if you are in U.S.**
As I expected at the last post the Cable did not pierce 1.255XX key level. It trended down for three days and made Three Black Crows candle pattern which is bearish. Brexit is still very uncertain and trader sentiment is still bullish making 3:1 Long/Short ratio .
I am expecting the cable to go sideways or false breakout on July 24th trading session and continue to go south.
**I was in Chicago Trader's Expo for July 21-23. I highly recommend checking that event out along with Money show if you are in U.S.**