CABLE IS LONG!
Clear inverse head and shoulders here complete with a break of the neckline, now looking for the retest before taking a swing up to the previous 1.35 highs for a 1:10 RR!
There is no technical reason to be bearish here.
However, keep in mind not only the US election but Brexit and GU will continue to be choppy; any trade taken will need an added in stop loss to accommodate the inevitable wick spikes!
Clear inverse head and shoulders here complete with a break of the neckline, now looking for the retest before taking a swing up to the previous 1.35 highs for a 1:10 RR!
There is no technical reason to be bearish here.
However, keep in mind not only the US election but Brexit and GU will continue to be choppy; any trade taken will need an added in stop loss to accommodate the inevitable wick spikes!
