we are going to see massive selling in the coming trading week.the cable in H4 is currently forming a head and shoulder pattern, the pair has also done with the formation of the left shoulder and we are waiting to sell the formation of the last leg of the head which will sell to 1.27670 which will act as temporary support for the pair and also the bread and butter with this price area is that its gonna act as our take profit region. we can enter at current market prices.have a good trading week.
STOP LOSS @ 1.31800
1st TAKE PROFIT : 1:30100
2nd TAKE PROFIT : 1:27670
as always use proper risk management and one can always re enter the trade incase of a spike
STOP LOSS @ 1.31800
1st TAKE PROFIT : 1:30100
2nd TAKE PROFIT : 1:27670
as always use proper risk management and one can always re enter the trade incase of a spike