Cable breakout to the downside

2017년 1월 3일

We are in a long term downtrend. The correction seen in recent months on the daily chart seems to be over due to lower highs and fresh supply being created. Price is also below 200 SMA, 50 SMA and seems unable to break above 20 EMA. The inside candle signals a possible bearish impulse, so I expect a breakout to the downside.

2017년 1월 4일

노트

Bullish action at the moment, but hang in there folks, I still believe it's going down :-)