2 votes against no deal and a likely extension to article 50 gave cable it's best daily performance since 2017. The rally has put the pair into a strong resistance zone :
Push through these levels & next target is the 61.8% retrace, the 200 Week MA & post brexit close @$1.365.
Daily pitchfork formation
Very clean 4h pitchfork
- 50% retrace off move lower through 2018
- July 2017 high/good pivot through 2018
- Median line in decade long pitchfork formation
Push through these levels & next target is the 61.8% retrace, the 200 Week MA & post brexit close @$1.365.
Daily pitchfork formation
Very clean 4h pitchfork