Hey Guys Big Week ahead for the CABLE, Economic calendar is chalked full of possibilities.
To the charts now and if you look at my previous charts mainly the one titled retest of shorter term downtrend line,
you will see that after that break out we tested and then bounced for the week basically unopposed.
£$ then broke out of the downward wedge and we ended the week there.
My feelings on next weeks prices action is more or less a pullback to the top line of the downward wedge and maybe just below
before we resume the upward trend, unless there is some insane change in sentiment continue to buy the dips
To the charts now and if you look at my previous charts mainly the one titled retest of shorter term downtrend line,
you will see that after that break out we tested and then bounced for the week basically unopposed.
£$ then broke out of the downward wedge and we ended the week there.
My feelings on next weeks prices action is more or less a pullback to the top line of the downward wedge and maybe just below
before we resume the upward trend, unless there is some insane change in sentiment continue to buy the dips
Comment:
So great start to the week, straight up no pullback, we will watch how today goes and update you if the need arises, STICK TO THE PLAN