Cable - Double Doji Signals Indecision As Strong 1.3055 Support Holds For Now

Discussion in 'Technical Analysis' started by Kaitlin, Jul 26, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    Cable left Doji candle yesterday, signaling indecision in the near-term trading, with today's attempts lower that tested important 1.3055 support (Fibo 61.8% of 1.2795/1.3474), being short-lived for now. Today's trading was so far shaped in long-tailed Doji, which signals prolonged directionless trading and confirms 1.3055 as strong support.[​IMG]

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