amanpaulbhogal

Selling Cable

做空
FX:GBPUSD   英镑/美元
Seeing today's high test bar close rejecting a past level acting as both support and resistance within close proximity of a Fibonacci cluster (38.2% and 50%) drawn from two previous swing/cycle highs and rejecting the falling trend line for a third time highlights this end of day set up as a potential selling opportunity. Recent lower highs and lower lows signal a continuation of this new forming down trend after price failed to rally higher in the bull run up to May.

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