The cable is heading up to the 1.2448 psyche level. As we are technically seeing the current move of the market, the cable is respecting the 1.2770 level. If this level holds, then expect the price to break above the 1.2448 level.
Conclusion: the cable is bullish, and a price action signal has been printed on the h1 timeframe. You are good to buy now.
Bias: Buy
Signal: Bullish Engulfing candle
Timeframe: H1
TP Target: 1.2848
Stop Lose: 1.27546
Don't be greedy
Use proper risk management as the market is crazy at times.
Conclusion: the cable is bullish, and a price action signal has been printed on the h1 timeframe. You are good to buy now.
Bias: Buy
Signal: Bullish Engulfing candle
Timeframe: H1
TP Target: 1.2848
Stop Lose: 1.27546
Don't be greedy
Use proper risk management as the market is crazy at times.