Cable is sitting on Daily Trend Line and 200 SMA. There is high probability that it will retrace from this level to 100 SMA which equates to FIB level 38.2.
RSI is below 30. Use volatility stop loss and TP1 @ 100 SMA.
Good Luck!!!
RSI is below 30. Use volatility stop loss and TP1 @ 100 SMA.
Good Luck!!!