Cable is in an uptrend.
Chart below:
Price has pull back and formed a double bottom on the 4hr chart.
Chart below:
Price has now broken back up through the averages and I am looking for a long position as detailed below.
Levels and Chart below:
Entry: 1.6205
Stop Loss: 1.6180
Target: 1.6330.
I will update again should the position be opened.
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